{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\yujeo\Desktop\WD_Replication_MoneyBackfires.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res}20 Nov 2023, 15:20:22

{com}. run "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. * Table 1: The Effect of Chinese FDI on Anti-China Protest (with Polcomp)
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo clear
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2950.2375}  
Iteration 1:{space 3}log likelihood = {res:-2507.6371}  
Iteration 2:{space 3}log likelihood = {res:-2464.9844}  
Iteration 3:{space 3}log likelihood = {res:-2463.7262}  
Iteration 4:{space 3}log likelihood = {res:-2463.7239}  
Iteration 5:{space 3}log likelihood = {res:-2463.7239}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,017
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.0
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}18{txt}){col 67}={col 70}{res}   270.24
{txt}Log likelihood  = {res}-2463.7239{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3834506{col 28}{space 2}  .134155{col 39}{space 1}    2.86{col 48}{space 3}0.004{col 56}{space 4} .1205117{col 69}{space 3} .6463894
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2}  .044345{col 28}{space 2}  .019149{col 39}{space 1}    2.32{col 48}{space 3}0.021{col 56}{space 4} .0068135{col 69}{space 3} .0818764
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0478221{col 28}{space 2} .0170039{col 39}{space 1}   -2.81{col 48}{space 3}0.005{col 56}{space 4}-.0811492{col 69}{space 3}-.0144949
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}  -.00975{col 28}{space 2} .3041886{col 39}{space 1}   -0.03{col 48}{space 3}0.974{col 56}{space 4}-.6059487{col 69}{space 3} .5864487
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0640301{col 28}{space 2} .2652971{col 39}{space 1}    0.24{col 48}{space 3}0.809{col 56}{space 4}-.4559427{col 69}{space 3}  .584003
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3533277{col 28}{space 2} .2581464{col 39}{space 1}    1.37{col 48}{space 3}0.171{col 56}{space 4}-.1526299{col 69}{space 3} .8592854
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}  .980923{col 28}{space 2} .2364588{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .5174722{col 69}{space 3} 1.444374
{txt}{space 9}2009  {c |}{col 16}{res}{space 2}  1.18265{col 28}{space 2}  .231196{col 39}{space 1}    5.12{col 48}{space 3}0.000{col 56}{space 4} .7295144{col 69}{space 3} 1.635786
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6643566{col 28}{space 2} .2403883{col 39}{space 1}    2.76{col 48}{space 3}0.006{col 56}{space 4} .1932041{col 69}{space 3} 1.135509
{txt}{space 9}2011  {c |}{col 16}{res}{space 2}  1.10624{col 28}{space 2} .2317382{col 39}{space 1}    4.77{col 48}{space 3}0.000{col 56}{space 4} .6520419{col 69}{space 3} 1.560439
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.357331{col 28}{space 2} .2295239{col 39}{space 1}    5.91{col 48}{space 3}0.000{col 56}{space 4} .9074724{col 69}{space 3}  1.80719
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.096081{col 28}{space 2} .2329812{col 39}{space 1}    4.70{col 48}{space 3}0.000{col 56}{space 4} .6394462{col 69}{space 3} 1.552716
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.521707{col 28}{space 2} .2289337{col 39}{space 1}    6.65{col 48}{space 3}0.000{col 56}{space 4} 1.073006{col 69}{space 3} 1.970409
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.452406{col 28}{space 2} .2306936{col 39}{space 1}    6.30{col 48}{space 3}0.000{col 56}{space 4} 1.000255{col 69}{space 3} 1.904557
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.588936{col 28}{space 2} .2300811{col 39}{space 1}    6.91{col 48}{space 3}0.000{col 56}{space 4} 1.137986{col 69}{space 3} 2.039887
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.449257{col 28}{space 2} .2322043{col 39}{space 1}    6.24{col 48}{space 3}0.000{col 56}{space 4} .9941445{col 69}{space 3} 1.904369
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.134313{col 28}{space 2} .2351483{col 39}{space 1}    4.82{col 48}{space 3}0.000{col 56}{space 4} .6734308{col 69}{space 3} 1.595195
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.558402{col 28}{space 2} .2321801{col 39}{space 1}    6.71{col 48}{space 3}0.000{col 56}{space 4} 1.103337{col 69}{space 3} 2.013466
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-.6194593{col 28}{space 2} .2559714{col 39}{space 1}   -2.42{col 48}{space 3}0.016{col 56}{space 4}-1.121154{col 69}{space 3}-.1177647
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3166.9197}  
Iteration 1:{space 3}log likelihood = {res:-3151.5513}  
Iteration 2:{space 3}log likelihood = {res:-2876.4977}  
Iteration 3:{space 3}log likelihood = {res:-2852.7468}  
Iteration 4:{space 3}log likelihood = {res:-2616.2665}  
Iteration 5:{space 3}log likelihood = {res:-2460.7921}  
Iteration 6:{space 3}log likelihood = {res:-2446.9064}  
Iteration 7:{space 3}log likelihood = {res:-2446.7968}  
Iteration 8:{space 3}log likelihood = {res:-2446.7968}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,016
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.0
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}23{txt}){col 67}={col 70}{res}   308.40
{txt}Log likelihood  = {res}-2446.7968{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4515438{col 28}{space 2} .1367282{col 39}{space 1}    3.30{col 48}{space 3}0.001{col 56}{space 4} .1835615{col 69}{space 3} .7195262
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2} .0150564{col 28}{space 2} .0223614{col 39}{space 1}    0.67{col 48}{space 3}0.501{col 56}{space 4}-.0287711{col 69}{space 3}  .058884
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0468342{col 28}{space 2} .0181711{col 39}{space 1}   -2.58{col 48}{space 3}0.010{col 56}{space 4}-.0824489{col 69}{space 3}-.0112196
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0073107{col 28}{space 2} .0556849{col 39}{space 1}    0.13{col 48}{space 3}0.896{col 56}{space 4}-.1018297{col 69}{space 3} .1164511
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1011373{col 28}{space 2} .0899831{col 39}{space 1}    1.12{col 48}{space 3}0.261{col 56}{space 4}-.0752262{col 69}{space 3} .2775009
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0106772{col 28}{space 2} .0048552{col 39}{space 1}    2.20{col 48}{space 3}0.028{col 56}{space 4} .0011612{col 69}{space 3} .0201933
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0123768{col 28}{space 2} .0036811{col 39}{space 1}   -3.36{col 48}{space 3}0.001{col 56}{space 4}-.0195917{col 69}{space 3}-.0051619
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0061014{col 28}{space 2} .0060883{col 39}{space 1}    1.00{col 48}{space 3}0.316{col 56}{space 4}-.0058315{col 69}{space 3} .0180342
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0479058{col 28}{space 2} .3009428{col 39}{space 1}   -0.16{col 48}{space 3}0.874{col 56}{space 4}-.6377429{col 69}{space 3} .5419313
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0302779{col 28}{space 2} .2636887{col 39}{space 1}    0.11{col 48}{space 3}0.909{col 56}{space 4}-.4865424{col 69}{space 3} .5470981
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3329605{col 28}{space 2} .2545967{col 39}{space 1}    1.31{col 48}{space 3}0.191{col 56}{space 4}-.1660399{col 69}{space 3} .8319609
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}   .91501{col 28}{space 2} .2350849{col 39}{space 1}    3.89{col 48}{space 3}0.000{col 56}{space 4} .4542521{col 69}{space 3} 1.375768
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.138746{col 28}{space 2}  .229038{col 39}{space 1}    4.97{col 48}{space 3}0.000{col 56}{space 4} .6898393{col 69}{space 3} 1.587652
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6135533{col 28}{space 2}  .238298{col 39}{space 1}    2.57{col 48}{space 3}0.010{col 56}{space 4} .1464978{col 69}{space 3} 1.080609
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.006732{col 28}{space 2} .2316602{col 39}{space 1}    4.35{col 48}{space 3}0.000{col 56}{space 4} .5526862{col 69}{space 3} 1.460777
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.288936{col 28}{space 2} .2288075{col 39}{space 1}    5.63{col 48}{space 3}0.000{col 56}{space 4} .8404819{col 69}{space 3} 1.737391
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.007742{col 28}{space 2} .2326527{col 39}{space 1}    4.33{col 48}{space 3}0.000{col 56}{space 4} .5517509{col 69}{space 3} 1.463733
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.445588{col 28}{space 2}  .228462{col 39}{space 1}    6.33{col 48}{space 3}0.000{col 56}{space 4} .9978103{col 69}{space 3} 1.893365
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.409411{col 28}{space 2}  .229197{col 39}{space 1}    6.15{col 48}{space 3}0.000{col 56}{space 4} .9601929{col 69}{space 3} 1.858629
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.538305{col 28}{space 2} .2293052{col 39}{space 1}    6.71{col 48}{space 3}0.000{col 56}{space 4} 1.088875{col 69}{space 3} 1.987735
{txt}{space 9}2017  {c |}{col 16}{res}{space 2}   1.3736{col 28}{space 2} .2322894{col 39}{space 1}    5.91{col 48}{space 3}0.000{col 56}{space 4} .9183209{col 69}{space 3} 1.828879
{txt}{space 9}2018  {c |}{col 16}{res}{space 2}  1.06204{col 28}{space 2} .2348712{col 39}{space 1}    4.52{col 48}{space 3}0.000{col 56}{space 4} .6017009{col 69}{space 3} 1.522379
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.535728{col 28}{space 2}  .231198{col 39}{space 1}    6.64{col 48}{space 3}0.000{col 56}{space 4} 1.082588{col 69}{space 3} 1.988868
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-1.002251{col 28}{space 2} 1.107534{col 39}{space 1}   -0.90{col 48}{space 3}0.365{col 56}{space 4}-3.172977{col 69}{space 3} 1.168475
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est2{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp  i.year , fe
{txt}note: 10 groups (10 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2964.6847}  
Iteration 1:{space 3}log likelihood = {res:-2788.6473}  
Iteration 2:{space 3}log likelihood = {res:-2445.7324}  
Iteration 3:{space 3}log likelihood = {res:-2414.8078}  
Iteration 4:{space 3}log likelihood = {res:-2291.2495}  
Iteration 5:{space 3}log likelihood = {res:-2273.2556}  
Iteration 6:{space 3}log likelihood = {res:-2272.7985}  
Iteration 7:{space 3}log likelihood = {res:-2272.7984}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       941
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.0
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}25{txt}){col 67}={col 70}{res}   283.03
{txt}Log likelihood  = {res}-2272.7984{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4460313{col 28}{space 2}  .144827{col 39}{space 1}    3.08{col 48}{space 3}0.002{col 56}{space 4} .1621756{col 69}{space 3} .7298869
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2} .0174576{col 28}{space 2} .0241144{col 39}{space 1}    0.72{col 48}{space 3}0.469{col 56}{space 4}-.0298057{col 69}{space 3} .0647209
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2} -.047057{col 28}{space 2} .0187723{col 39}{space 1}   -2.51{col 48}{space 3}0.012{col 56}{space 4}-.0838501{col 69}{space 3}-.0102639
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0289958{col 28}{space 2} .0640731{col 39}{space 1}    0.45{col 48}{space 3}0.651{col 56}{space 4}-.0965851{col 69}{space 3} .1545767
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2}  .117543{col 28}{space 2} .0979649{col 39}{space 1}    1.20{col 48}{space 3}0.230{col 56}{space 4}-.0744646{col 69}{space 3} .3095507
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2}  .006756{col 28}{space 2} .0053227{col 39}{space 1}    1.27{col 48}{space 3}0.204{col 56}{space 4}-.0036764{col 69}{space 3} .0171884
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0097671{col 28}{space 2} .0039658{col 39}{space 1}   -2.46{col 48}{space 3}0.014{col 56}{space 4}  -.01754{col 69}{space 3}-.0019943
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0074627{col 28}{space 2} .0063261{col 39}{space 1}    1.18{col 48}{space 3}0.238{col 56}{space 4}-.0049361{col 69}{space 3} .0198615
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0006784{col 28}{space 2} .0014619{col 39}{space 1}   -0.46{col 48}{space 3}0.643{col 56}{space 4}-.0035436{col 69}{space 3} .0021868
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0847191{col 28}{space 2} .0741116{col 39}{space 1}    1.14{col 48}{space 3}0.253{col 56}{space 4}-.0605371{col 69}{space 3} .2299752
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0696906{col 28}{space 2} .3220577{col 39}{space 1}   -0.22{col 48}{space 3}0.829{col 56}{space 4} -.700912{col 69}{space 3} .5615309
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0672013{col 28}{space 2} .2793458{col 39}{space 1}    0.24{col 48}{space 3}0.810{col 56}{space 4}-.4803064{col 69}{space 3} .6147091
{txt}{space 9}2007  {c |}{col 16}{res}{space 2}  .292705{col 28}{space 2} .2769785{col 39}{space 1}    1.06{col 48}{space 3}0.291{col 56}{space 4}-.2501629{col 69}{space 3} .8355729
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9480647{col 28}{space 2} .2536289{col 39}{space 1}    3.74{col 48}{space 3}0.000{col 56}{space 4} .4509611{col 69}{space 3} 1.445168
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.156679{col 28}{space 2} .2467886{col 39}{space 1}    4.69{col 48}{space 3}0.000{col 56}{space 4} .6729823{col 69}{space 3} 1.640376
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6618891{col 28}{space 2} .2552028{col 39}{space 1}    2.59{col 48}{space 3}0.009{col 56}{space 4} .1617009{col 69}{space 3} 1.162077
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .9956089{col 28}{space 2} .2483459{col 39}{space 1}    4.01{col 48}{space 3}0.000{col 56}{space 4} .5088598{col 69}{space 3} 1.482358
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.301331{col 28}{space 2} .2452046{col 39}{space 1}    5.31{col 48}{space 3}0.000{col 56}{space 4} .8207389{col 69}{space 3} 1.781923
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.011706{col 28}{space 2} .2491747{col 39}{space 1}    4.06{col 48}{space 3}0.000{col 56}{space 4} .5233329{col 69}{space 3}  1.50008
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.425697{col 28}{space 2} .2445655{col 39}{space 1}    5.83{col 48}{space 3}0.000{col 56}{space 4} .9463579{col 69}{space 3} 1.905037
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.419986{col 28}{space 2} .2455726{col 39}{space 1}    5.78{col 48}{space 3}0.000{col 56}{space 4}  .938673{col 69}{space 3}   1.9013
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.532765{col 28}{space 2} .2456933{col 39}{space 1}    6.24{col 48}{space 3}0.000{col 56}{space 4} 1.051215{col 69}{space 3} 2.014315
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.346329{col 28}{space 2} .2487325{col 39}{space 1}    5.41{col 48}{space 3}0.000{col 56}{space 4} .8588218{col 69}{space 3} 1.833835
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.041691{col 28}{space 2} .2510299{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .5496817{col 69}{space 3} 1.533701
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.554785{col 28}{space 2} .2470586{col 39}{space 1}    6.29{col 48}{space 3}0.000{col 56}{space 4} 1.070559{col 69}{space 3} 2.039011
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-1.966654{col 28}{space 2} 1.309294{col 39}{space 1}   -1.50{col 48}{space 3}0.133{col 56}{space 4}-4.532822{col 69}{space 3} .5995148
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est3{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2901.4403}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2772.6167}  
Iteration 2:{space 3}log likelihood = {res:-2741.5468}  
Iteration 3:{space 3}log likelihood = {res:-2523.9535}  
Iteration 4:{space 3}log likelihood = {res:-2395.0897}  
Iteration 5:{space 3}log likelihood = {res: -2290.621}  
Iteration 6:{space 3}log likelihood = {res:-2279.0765}  
Iteration 7:{space 3}log likelihood = {res:-2272.2155}  
Iteration 8:{space 3}log likelihood = {res:-2272.1778}  
Iteration 9:{space 3}log likelihood = {res:-2272.1778}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       941
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.0
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}27{txt}){col 67}={col 70}{res}   281.79
{txt}Log likelihood  = {res}-2272.1778{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4579676{col 28}{space 2} .1466457{col 39}{space 1}    3.12{col 48}{space 3}0.002{col 56}{space 4} .1705474{col 69}{space 3} .7453878
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2} .0180632{col 28}{space 2}  .024084{col 39}{space 1}    0.75{col 48}{space 3}0.453{col 56}{space 4}-.0291406{col 69}{space 3}  .065267
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0456846{col 28}{space 2} .0189277{col 39}{space 1}   -2.41{col 48}{space 3}0.016{col 56}{space 4}-.0827822{col 69}{space 3} -.008587
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0403656{col 28}{space 2}  .065138{col 39}{space 1}    0.62{col 48}{space 3}0.535{col 56}{space 4}-.0873026{col 69}{space 3} .1680337
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0951017{col 28}{space 2} .1006954{col 39}{space 1}    0.94{col 48}{space 3}0.345{col 56}{space 4}-.1022578{col 69}{space 3} .2924611
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0067325{col 28}{space 2}  .005361{col 39}{space 1}    1.26{col 48}{space 3}0.209{col 56}{space 4}-.0037748{col 69}{space 3} .0172397
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0091753{col 28}{space 2} .0041828{col 39}{space 1}   -2.19{col 48}{space 3}0.028{col 56}{space 4}-.0173734{col 69}{space 3}-.0009772
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0072834{col 28}{space 2} .0063979{col 39}{space 1}    1.14{col 48}{space 3}0.255{col 56}{space 4}-.0052563{col 69}{space 3} .0198231
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0003008{col 28}{space 2} .0015103{col 39}{space 1}   -0.20{col 48}{space 3}0.842{col 56}{space 4} -.003261{col 69}{space 3} .0026593
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0572916{col 28}{space 2} .0784946{col 39}{space 1}    0.73{col 48}{space 3}0.465{col 56}{space 4}-.0965551{col 69}{space 3} .2111382
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1273543{col 28}{space 2}  .131068{col 39}{space 1}    0.97{col 48}{space 3}0.331{col 56}{space 4}-.1295343{col 69}{space 3} .3842428
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0468071{col 28}{space 2}  .089562{col 39}{space 1}    0.52{col 48}{space 3}0.601{col 56}{space 4}-.1287311{col 69}{space 3} .2223453
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0722302{col 28}{space 2} .3234435{col 39}{space 1}   -0.22{col 48}{space 3}0.823{col 56}{space 4}-.7061678{col 69}{space 3} .5617074
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0866629{col 28}{space 2} .2807961{col 39}{space 1}    0.31{col 48}{space 3}0.758{col 56}{space 4}-.4636874{col 69}{space 3} .6370132
{txt}{space 9}2007  {c |}{col 16}{res}{space 2}  .315054{col 28}{space 2} .2786309{col 39}{space 1}    1.13{col 48}{space 3}0.258{col 56}{space 4}-.2310526{col 69}{space 3} .8611605
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9659233{col 28}{space 2} .2550091{col 39}{space 1}    3.79{col 48}{space 3}0.000{col 56}{space 4} .4661147{col 69}{space 3} 1.465732
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.172632{col 28}{space 2} .2482579{col 39}{space 1}    4.72{col 48}{space 3}0.000{col 56}{space 4}  .686055{col 69}{space 3} 1.659208
{txt}{space 9}2010  {c |}{col 16}{res}{space 2}  .676494{col 28}{space 2} .2565048{col 39}{space 1}    2.64{col 48}{space 3}0.008{col 56}{space 4} .1737537{col 69}{space 3} 1.179234
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.006579{col 28}{space 2} .2495697{col 39}{space 1}    4.03{col 48}{space 3}0.000{col 56}{space 4} .5174313{col 69}{space 3} 1.495727
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.307881{col 28}{space 2} .2463421{col 39}{space 1}    5.31{col 48}{space 3}0.000{col 56}{space 4} .8250591{col 69}{space 3} 1.790702
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.019314{col 28}{space 2} .2502564{col 39}{space 1}    4.07{col 48}{space 3}0.000{col 56}{space 4} .5288203{col 69}{space 3} 1.509807
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.435507{col 28}{space 2} .2456909{col 39}{space 1}    5.84{col 48}{space 3}0.000{col 56}{space 4} .9539618{col 69}{space 3} 1.917052
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.423335{col 28}{space 2} .2467244{col 39}{space 1}    5.77{col 48}{space 3}0.000{col 56}{space 4}  .939764{col 69}{space 3} 1.906906
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.527149{col 28}{space 2} .2468905{col 39}{space 1}    6.19{col 48}{space 3}0.000{col 56}{space 4} 1.043252{col 69}{space 3} 2.011045
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.342172{col 28}{space 2}  .250099{col 39}{space 1}    5.37{col 48}{space 3}0.000{col 56}{space 4}  .851987{col 69}{space 3} 1.832357
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.022817{col 28}{space 2} .2544929{col 39}{space 1}    4.02{col 48}{space 3}0.000{col 56}{space 4}   .52402{col 69}{space 3} 1.521614
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.538659{col 28}{space 2} .2521795{col 39}{space 1}    6.10{col 48}{space 3}0.000{col 56}{space 4} 1.044396{col 69}{space 3} 2.032922
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.182303{col 28}{space 2} 1.809943{col 39}{space 1}   -1.76{col 48}{space 3}0.079{col 56}{space 4}-6.729726{col 69}{space 3} .3651195
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est4{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp  lndist bri_carryover v2x_polyarchy  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2927.9361}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2845.5955}  
Iteration 2:{space 3}log likelihood = {res:-2354.5204}  
Iteration 3:{space 3}log likelihood = {res:-2272.6393}  
Iteration 4:{space 3}log likelihood = {res:-2266.0901}  
Iteration 5:{space 3}log likelihood = {res:-2266.0523}  
Iteration 6:{space 3}log likelihood = {res:-2266.0523}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       938
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       116

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}28{txt}){col 67}={col 70}{res}   285.45
{txt}Log likelihood  = {res}-2266.0523{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4580192{col 28}{space 2} .1469117{col 39}{space 1}    3.12{col 48}{space 3}0.002{col 56}{space 4} .1700776{col 69}{space 3} .7459609
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2}-.0066232{col 28}{space 2} .0299293{col 39}{space 1}   -0.22{col 48}{space 3}0.825{col 56}{space 4}-.0652835{col 69}{space 3} .0520371
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0440216{col 28}{space 2} .0189927{col 39}{space 1}   -2.32{col 48}{space 3}0.020{col 56}{space 4}-.0812466{col 69}{space 3}-.0067965
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0440425{col 28}{space 2} .0648348{col 39}{space 1}    0.68{col 48}{space 3}0.497{col 56}{space 4}-.0830313{col 69}{space 3} .1711164
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0624993{col 28}{space 2}  .102962{col 39}{space 1}    0.61{col 48}{space 3}0.544{col 56}{space 4}-.1393026{col 69}{space 3} .2643011
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0064572{col 28}{space 2} .0053484{col 39}{space 1}    1.21{col 48}{space 3}0.227{col 56}{space 4}-.0040255{col 69}{space 3} .0169399
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0088597{col 28}{space 2} .0041639{col 39}{space 1}   -2.13{col 48}{space 3}0.033{col 56}{space 4}-.0170209{col 69}{space 3}-.0006986
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0079267{col 28}{space 2} .0064669{col 39}{space 1}    1.23{col 48}{space 3}0.220{col 56}{space 4}-.0047481{col 69}{space 3} .0206016
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0000691{col 28}{space 2} .0015267{col 39}{space 1}    0.05{col 48}{space 3}0.964{col 56}{space 4}-.0029231{col 69}{space 3} .0030613
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0376701{col 28}{space 2}  .079072{col 39}{space 1}    0.48{col 48}{space 3}0.634{col 56}{space 4}-.1173081{col 69}{space 3} .1926484
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1359219{col 28}{space 2} .1313412{col 39}{space 1}    1.03{col 48}{space 3}0.301{col 56}{space 4}-.1215021{col 69}{space 3}  .393346
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0558045{col 28}{space 2} .0898997{col 39}{space 1}    0.62{col 48}{space 3}0.535{col 56}{space 4}-.1203956{col 69}{space 3} .2320047
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .5297179{col 28}{space 2} .3741157{col 39}{space 1}    1.42{col 48}{space 3}0.157{col 56}{space 4}-.2035353{col 69}{space 3} 1.262971
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0370386{col 28}{space 2} .3241102{col 39}{space 1}   -0.11{col 48}{space 3}0.909{col 56}{space 4}-.6722829{col 69}{space 3} .5982056
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .1133068{col 28}{space 2} .2810575{col 39}{space 1}    0.40{col 48}{space 3}0.687{col 56}{space 4}-.4375558{col 69}{space 3} .6641693
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3492053{col 28}{space 2} .2791625{col 39}{space 1}    1.25{col 48}{space 3}0.211{col 56}{space 4}-.1979432{col 69}{space 3} .8963538
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.002204{col 28}{space 2} .2557289{col 39}{space 1}    3.92{col 48}{space 3}0.000{col 56}{space 4}  .500985{col 69}{space 3} 1.503424
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.210221{col 28}{space 2}  .249311{col 39}{space 1}    4.85{col 48}{space 3}0.000{col 56}{space 4} .7215805{col 69}{space 3} 1.698862
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7023541{col 28}{space 2} .2570586{col 39}{space 1}    2.73{col 48}{space 3}0.006{col 56}{space 4} .1985284{col 69}{space 3}  1.20618
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.019102{col 28}{space 2} .2503157{col 39}{space 1}    4.07{col 48}{space 3}0.000{col 56}{space 4} .5284921{col 69}{space 3} 1.509711
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.338398{col 28}{space 2} .2474773{col 39}{space 1}    5.41{col 48}{space 3}0.000{col 56}{space 4} .8533516{col 69}{space 3} 1.823445
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.058428{col 28}{space 2} .2516057{col 39}{space 1}    4.21{col 48}{space 3}0.000{col 56}{space 4} .5652898{col 69}{space 3} 1.551566
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.482734{col 28}{space 2} .2469309{col 39}{space 1}    6.00{col 48}{space 3}0.000{col 56}{space 4} .9987578{col 69}{space 3} 1.966709
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.452335{col 28}{space 2} .2476151{col 39}{space 1}    5.87{col 48}{space 3}0.000{col 56}{space 4} .9670184{col 69}{space 3} 1.937652
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.567838{col 28}{space 2} .2485907{col 39}{space 1}    6.31{col 48}{space 3}0.000{col 56}{space 4} 1.080609{col 69}{space 3} 2.055067
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.372326{col 28}{space 2} .2510073{col 39}{space 1}    5.47{col 48}{space 3}0.000{col 56}{space 4} .8803604{col 69}{space 3} 1.864291
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.045859{col 28}{space 2} .2551217{col 39}{space 1}    4.10{col 48}{space 3}0.000{col 56}{space 4} .5458293{col 69}{space 3} 1.545888
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.573617{col 28}{space 2} .2533047{col 39}{space 1}    6.21{col 48}{space 3}0.000{col 56}{space 4} 1.077149{col 69}{space 3} 2.070085
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.196993{col 28}{space 2} 1.807258{col 39}{space 1}   -1.77{col 48}{space 3}0.077{col 56}{space 4}-6.739153{col 69}{space 3} .3451669
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est5{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp  lndist bri_carryover v2x_polyarchy  year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3192.2461}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2904.1897}  
Iteration 2:{space 3}log likelihood = {res:-2666.9273}  
Iteration 3:{space 3}log likelihood = {res:-2355.5991}  
Iteration 4:{space 3}log likelihood = {res: -2320.452}  
Iteration 5:{space 3}log likelihood = {res:-2319.3567}  
Iteration 6:{space 3}log likelihood = {res:-2319.3551}  
Iteration 7:{space 3}log likelihood = {res:-2319.3551}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       938
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       116

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}14{txt}){col 67}={col 70}{res}   200.11
{txt}Log likelihood  = {res}-2319.3551{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3658241{col 28}{space 2} .1457529{col 39}{space 1}    2.51{col 48}{space 3}0.012{col 56}{space 4} .0801536{col 69}{space 3} .6514946
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2} .0020264{col 28}{space 2} .0291057{col 39}{space 1}    0.07{col 48}{space 3}0.944{col 56}{space 4}-.0550198{col 69}{space 3} .0590725
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0320647{col 28}{space 2} .0187989{col 39}{space 1}   -1.71{col 48}{space 3}0.088{col 56}{space 4}-.0689099{col 69}{space 3} .0047805
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0075726{col 28}{space 2}  .059752{col 39}{space 1}    0.13{col 48}{space 3}0.899{col 56}{space 4}-.1095393{col 69}{space 3} .1246844
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1669472{col 28}{space 2} .0979807{col 39}{space 1}    1.70{col 48}{space 3}0.088{col 56}{space 4}-.0250914{col 69}{space 3} .3589858
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0014405{col 28}{space 2} .0050786{col 39}{space 1}    0.28{col 48}{space 3}0.777{col 56}{space 4}-.0085134{col 69}{space 3} .0113943
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0084504{col 28}{space 2} .0040227{col 39}{space 1}   -2.10{col 48}{space 3}0.036{col 56}{space 4}-.0163348{col 69}{space 3}-.0005661
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0084978{col 28}{space 2} .0060493{col 39}{space 1}    1.40{col 48}{space 3}0.160{col 56}{space 4}-.0033586{col 69}{space 3} .0203541
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0007079{col 28}{space 2} .0014466{col 39}{space 1}   -0.49{col 48}{space 3}0.625{col 56}{space 4}-.0035432{col 69}{space 3} .0021273
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0280758{col 28}{space 2} .0764262{col 39}{space 1}    0.37{col 48}{space 3}0.713{col 56}{space 4}-.1217169{col 69}{space 3} .1778684
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1259579{col 28}{space 2} .1253711{col 39}{space 1}    1.00{col 48}{space 3}0.315{col 56}{space 4} -.119765{col 69}{space 3} .3716807
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2}-.1817949{col 28}{space 2} .0844476{col 39}{space 1}   -2.15{col 48}{space 3}0.031{col 56}{space 4}-.3473091{col 69}{space 3}-.0162807
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .0876429{col 28}{space 2}  .369583{col 39}{space 1}    0.24{col 48}{space 3}0.813{col 56}{space 4}-.6367264{col 69}{space 3} .8120123
{txt}{space 10}year {c |}{col 16}{res}{space 2} .0807494{col 28}{space 2} .0084693{col 39}{space 1}    9.53{col 48}{space 3}0.000{col 56}{space 4}   .06415{col 69}{space 3} .0973489
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} -164.086{col 28}{space 2} 16.75017{col 39}{space 1}   -9.80{col 48}{space 3}0.000{col 56}{space 4}-196.9157{col 69}{space 3}-131.2562
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est6{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy eventcountL1 i.year , fe
{txt}note: 18 groups (18 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-6684.1105}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-3811.2706}  (not concave)
Iteration 2:{space 3}log likelihood = {res:  -2675.16}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-2292.1331}  
Iteration 4:{space 3}log likelihood = {res:-2280.1137}  
Iteration 5:{space 3}log likelihood = {res:-2020.9196}  (not concave)
Iteration 6:{space 3}log likelihood = {res:-1883.5912}  
Iteration 7:{space 3}log likelihood = {res: -1800.156}  
Iteration 8:{space 3}log likelihood = {res:  -1790.68}  
Iteration 9:{space 3}log likelihood = {res:-1790.6209}  
Iteration 10:{space 2}log likelihood = {res:-1790.6209}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       663
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        79

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.4
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}29{txt}){col 67}={col 70}{res}   226.87
{txt}Log likelihood  = {res}-1790.6209{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4120856{col 28}{space 2} .1786688{col 39}{space 1}    2.31{col 48}{space 3}0.021{col 56}{space 4} .0619012{col 69}{space 3} .7622701
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2} -.029902{col 28}{space 2} .0366827{col 39}{space 1}   -0.82{col 48}{space 3}0.415{col 56}{space 4}-.1017986{col 69}{space 3} .0419947
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0361402{col 28}{space 2} .0219165{col 39}{space 1}   -1.65{col 48}{space 3}0.099{col 56}{space 4}-.0790957{col 69}{space 3} .0068153
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0932356{col 28}{space 2} .0778811{col 39}{space 1}    1.20{col 48}{space 3}0.231{col 56}{space 4}-.0594085{col 69}{space 3} .2458797
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0113925{col 28}{space 2}  .119419{col 39}{space 1}    0.10{col 48}{space 3}0.924{col 56}{space 4}-.2226644{col 69}{space 3} .2454493
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0078663{col 28}{space 2} .0060921{col 39}{space 1}    1.29{col 48}{space 3}0.197{col 56}{space 4} -.004074{col 69}{space 3} .0198066
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0102748{col 28}{space 2} .0055505{col 39}{space 1}   -1.85{col 48}{space 3}0.064{col 56}{space 4}-.0211536{col 69}{space 3} .0006041
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0028919{col 28}{space 2} .0092767{col 39}{space 1}    0.31{col 48}{space 3}0.755{col 56}{space 4}-.0152901{col 69}{space 3} .0210739
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0008979{col 28}{space 2} .0018691{col 39}{space 1}    0.48{col 48}{space 3}0.631{col 56}{space 4}-.0027654{col 69}{space 3} .0045611
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0397721{col 28}{space 2} .0965777{col 39}{space 1}    0.41{col 48}{space 3}0.680{col 56}{space 4}-.1495167{col 69}{space 3}  .229061
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1370961{col 28}{space 2} .1527852{col 39}{space 1}    0.90{col 48}{space 3}0.370{col 56}{space 4}-.1623574{col 69}{space 3} .4365495
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0500157{col 28}{space 2}  .102465{col 39}{space 1}    0.49{col 48}{space 3}0.625{col 56}{space 4} -.150812{col 69}{space 3} .2508433
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .5726124{col 28}{space 2} .4498575{col 39}{space 1}    1.27{col 48}{space 3}0.203{col 56}{space 4} -.309092{col 69}{space 3} 1.454317
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0020162{col 28}{space 2} .0008324{col 39}{space 1}    2.42{col 48}{space 3}0.015{col 56}{space 4} .0003847{col 69}{space 3} .0036476
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}  .048635{col 28}{space 2} .4031216{col 39}{space 1}    0.12{col 48}{space 3}0.904{col 56}{space 4}-.7414687{col 69}{space 3} .8387387
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0412269{col 28}{space 2} .3737715{col 39}{space 1}    0.11{col 48}{space 3}0.912{col 56}{space 4}-.6913518{col 69}{space 3} .7738057
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3723204{col 28}{space 2} .3357384{col 39}{space 1}    1.11{col 48}{space 3}0.267{col 56}{space 4}-.2857148{col 69}{space 3} 1.030356
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9925955{col 28}{space 2} .3119778{col 39}{space 1}    3.18{col 48}{space 3}0.001{col 56}{space 4} .3811303{col 69}{space 3} 1.604061
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.260073{col 28}{space 2} .2947526{col 39}{space 1}    4.28{col 48}{space 3}0.000{col 56}{space 4} .6823687{col 69}{space 3} 1.837778
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7063008{col 28}{space 2}   .30142{col 39}{space 1}    2.34{col 48}{space 3}0.019{col 56}{space 4} .1155284{col 69}{space 3} 1.297073
{txt}{space 9}2011  {c |}{col 16}{res}{space 2}  .928542{col 28}{space 2} .2991966{col 39}{space 1}    3.10{col 48}{space 3}0.002{col 56}{space 4} .3421275{col 69}{space 3} 1.514956
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.378209{col 28}{space 2} .2916213{col 39}{space 1}    4.73{col 48}{space 3}0.000{col 56}{space 4} .8066412{col 69}{space 3} 1.949776
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.050062{col 28}{space 2} .2970293{col 39}{space 1}    3.54{col 48}{space 3}0.000{col 56}{space 4}  .467895{col 69}{space 3} 1.632229
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.467797{col 28}{space 2} .2924516{col 39}{space 1}    5.02{col 48}{space 3}0.000{col 56}{space 4} .8946028{col 69}{space 3} 2.040992
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.389277{col 28}{space 2} .2937873{col 39}{space 1}    4.73{col 48}{space 3}0.000{col 56}{space 4} .8134647{col 69}{space 3}  1.96509
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.575592{col 28}{space 2} .2954066{col 39}{space 1}    5.33{col 48}{space 3}0.000{col 56}{space 4} .9966059{col 69}{space 3} 2.154578
{txt}{space 9}2017  {c |}{col 16}{res}{space 2}  1.28127{col 28}{space 2} .2990037{col 39}{space 1}    4.29{col 48}{space 3}0.000{col 56}{space 4}  .695233{col 69}{space 3} 1.867306
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.010466{col 28}{space 2} .2993904{col 39}{space 1}    3.38{col 48}{space 3}0.001{col 56}{space 4} .4236721{col 69}{space 3} 1.597261
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.597861{col 28}{space 2} .2956956{col 39}{space 1}    5.40{col 48}{space 3}0.000{col 56}{space 4} 1.018309{col 69}{space 3} 2.177414
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.974843{col 28}{space 2} 2.150993{col 39}{space 1}   -1.85{col 48}{space 3}0.065{col 56}{space 4}-8.190712{col 69}{space 3} .2410252
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est7{txt} stored)

{com}. 
{txt}end of do-file

{com}. run "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
. run "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. * Figure 3
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo clear
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.polcompL1   i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2950.2375}  
Iteration 1:{space 3}log likelihood = {res:-2507.6371}  
Iteration 2:{space 3}log likelihood = {res:-2464.9844}  
Iteration 3:{space 3}log likelihood = {res:-2463.7262}  
Iteration 4:{space 3}log likelihood = {res:-2463.7239}  
Iteration 5:{space 3}log likelihood = {res:-2463.7239}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,017
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.0
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}18{txt}){col 67}={col 70}{res}   270.24
{txt}Log likelihood  = {res}-2463.7239{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3834506{col 28}{space 2}  .134155{col 39}{space 1}    2.86{col 48}{space 3}0.004{col 56}{space 4} .1205117{col 69}{space 3} .6463894
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2}  .044345{col 28}{space 2}  .019149{col 39}{space 1}    2.32{col 48}{space 3}0.021{col 56}{space 4} .0068135{col 69}{space 3} .0818764
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0478221{col 28}{space 2} .0170039{col 39}{space 1}   -2.81{col 48}{space 3}0.005{col 56}{space 4}-.0811492{col 69}{space 3}-.0144949
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}  -.00975{col 28}{space 2} .3041886{col 39}{space 1}   -0.03{col 48}{space 3}0.974{col 56}{space 4}-.6059487{col 69}{space 3} .5864487
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0640301{col 28}{space 2} .2652971{col 39}{space 1}    0.24{col 48}{space 3}0.809{col 56}{space 4}-.4559427{col 69}{space 3}  .584003
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3533277{col 28}{space 2} .2581464{col 39}{space 1}    1.37{col 48}{space 3}0.171{col 56}{space 4}-.1526299{col 69}{space 3} .8592854
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}  .980923{col 28}{space 2} .2364588{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .5174722{col 69}{space 3} 1.444374
{txt}{space 9}2009  {c |}{col 16}{res}{space 2}  1.18265{col 28}{space 2}  .231196{col 39}{space 1}    5.12{col 48}{space 3}0.000{col 56}{space 4} .7295144{col 69}{space 3} 1.635786
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6643566{col 28}{space 2} .2403883{col 39}{space 1}    2.76{col 48}{space 3}0.006{col 56}{space 4} .1932041{col 69}{space 3} 1.135509
{txt}{space 9}2011  {c |}{col 16}{res}{space 2}  1.10624{col 28}{space 2} .2317382{col 39}{space 1}    4.77{col 48}{space 3}0.000{col 56}{space 4} .6520419{col 69}{space 3} 1.560439
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.357331{col 28}{space 2} .2295239{col 39}{space 1}    5.91{col 48}{space 3}0.000{col 56}{space 4} .9074724{col 69}{space 3}  1.80719
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.096081{col 28}{space 2} .2329812{col 39}{space 1}    4.70{col 48}{space 3}0.000{col 56}{space 4} .6394462{col 69}{space 3} 1.552716
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.521707{col 28}{space 2} .2289337{col 39}{space 1}    6.65{col 48}{space 3}0.000{col 56}{space 4} 1.073006{col 69}{space 3} 1.970409
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.452406{col 28}{space 2} .2306936{col 39}{space 1}    6.30{col 48}{space 3}0.000{col 56}{space 4} 1.000255{col 69}{space 3} 1.904557
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.588936{col 28}{space 2} .2300811{col 39}{space 1}    6.91{col 48}{space 3}0.000{col 56}{space 4} 1.137986{col 69}{space 3} 2.039887
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.449257{col 28}{space 2} .2322043{col 39}{space 1}    6.24{col 48}{space 3}0.000{col 56}{space 4} .9941445{col 69}{space 3} 1.904369
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.134313{col 28}{space 2} .2351483{col 39}{space 1}    4.82{col 48}{space 3}0.000{col 56}{space 4} .6734308{col 69}{space 3} 1.595195
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.558402{col 28}{space 2} .2321801{col 39}{space 1}    6.71{col 48}{space 3}0.000{col 56}{space 4} 1.103337{col 69}{space 3} 2.013466
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-.6194593{col 28}{space 2} .2559714{col 39}{space 1}   -2.42{col 48}{space 3}0.016{col 56}{space 4}-1.121154{col 69}{space 3}-.1177647
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. margins,  dydx(ln_cofdi_stock_gdp_L1 ) at (polcompL1  =(1(2)10))
{res}
{txt}Average marginal effects{col 49}Number of obs{col 67}= {res}     1,017
{txt}Model VCE{col 14}: {res}OIM

{txt}{p2colset 1 14 16 2}{...}
{p2col:Expression}:{space 1}{res:Linear prediction, predict()}{p_end}
{p2colreset}{...}
{txt}{p2colset 1 14 16 2}{...}
{p2col:dy/dx w.r.t.}:{space 1}{res:ln_cofdi_stock_gdp_L1}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:1._at}:{space 1}{res:{txt:polcompL1}{space 7}{txt:=} {space 10}1}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:2._at}:{space 1}{res:{txt:polcompL1}{space 7}{txt:=} {space 10}3}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:3._at}:{space 1}{res:{txt:polcompL1}{space 7}{txt:=} {space 10}5}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:4._at}:{space 1}{res:{txt:polcompL1}{space 7}{txt:=} {space 10}7}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:5._at}:{space 1}{res:{txt:polcompL1}{space 7}{txt:=} {space 10}9}{p_end}
{p2colreset}{...}

{res}{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28} Delta-method
{col 16}{c |}      dy/dx{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}ln_cofdi_sto~1 {txt}{c |}
{space 11}_at {c |}
{space 12}1  {c |}{col 16}{res}{space 2} .3356285{col 28}{space 2} .1202232{col 39}{space 1}    2.79{col 48}{space 3}0.005{col 56}{space 4} .0999953{col 69}{space 3} .5712617
{txt}{space 12}2  {c |}{col 16}{res}{space 2} .2399844{col 28}{space 2} .0953969{col 39}{space 1}    2.52{col 48}{space 3}0.012{col 56}{space 4} .0530099{col 69}{space 3} .4269588
{txt}{space 12}3  {c |}{col 16}{res}{space 2} .1443402{col 28}{space 2} .0778497{col 39}{space 1}    1.85{col 48}{space 3}0.064{col 56}{space 4}-.0082424{col 69}{space 3} .2969229
{txt}{space 12}4  {c |}{col 16}{res}{space 2} .0486961{col 28}{space 2}  .073032{col 39}{space 1}    0.67{col 48}{space 3}0.505{col 56}{space 4} -.094444{col 69}{space 3} .1918362
{txt}{space 12}5  {c |}{col 16}{res}{space 2} -.046948{col 28}{space 2} .0831855{col 39}{space 1}   -0.56{col 48}{space 3}0.572{col 56}{space 4}-.2099887{col 69}{space 3} .1160926
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. marginsplot,yscale(alt) yline(0) recast(line) plotopts(lw(medthick)) recastci(rline) ciopts(lp(dash)) ytitle("") xtitle("Political competition (polcomp)") title("") level(90) graphregion(fcolor(white)) legend(off) saving(polcomp,replace)

{text}{p 2 6 2}Variables that uniquely identify margins: polcompL1{p_end}
{res}{txt}(file polcomp.gph saved)

{com}.  
. eststo clear
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3134.1873}  
Iteration 1:{space 3}log likelihood = {res:-2627.3832}  
Iteration 2:{space 3}log likelihood = {res:-2546.7698}  
Iteration 3:{space 3}log likelihood = {res:-2543.3794}  
Iteration 4:{space 3}log likelihood = {res:-2543.3659}  
Iteration 5:{space 3}log likelihood = {res:-2543.3659}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,029
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}18{txt}){col 67}={col 70}{res}   285.77
{txt}Log likelihood  = {res}-2543.3659{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3043918{col 28}{space 2} .1408944{col 39}{space 1}    2.16{col 48}{space 3}0.031{col 56}{space 4} .0282439{col 69}{space 3} .5805397
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2} .0819543{col 28}{space 2} .0426712{col 39}{space 1}    1.92{col 48}{space 3}0.055{col 56}{space 4}-.0016798{col 69}{space 3} .1655884
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0764013{col 28}{space 2} .0364596{col 39}{space 1}   -2.10{col 48}{space 3}0.036{col 56}{space 4}-.1478609{col 69}{space 3}-.0049417
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0267697{col 28}{space 2}  .295145{col 39}{space 1}   -0.09{col 48}{space 3}0.928{col 56}{space 4}-.6052433{col 69}{space 3} .5517039
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0806728{col 28}{space 2} .2582703{col 39}{space 1}    0.31{col 48}{space 3}0.755{col 56}{space 4}-.4255276{col 69}{space 3} .5868733
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3708249{col 28}{space 2} .2512584{col 39}{space 1}    1.48{col 48}{space 3}0.140{col 56}{space 4}-.1216325{col 69}{space 3} .8632824
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.014855{col 28}{space 2} .2301597{col 39}{space 1}    4.41{col 48}{space 3}0.000{col 56}{space 4} .5637501{col 69}{space 3}  1.46596
{txt}{space 9}2009  {c |}{col 16}{res}{space 2}  1.21651{col 28}{space 2} .2249801{col 39}{space 1}    5.41{col 48}{space 3}0.000{col 56}{space 4} .7755568{col 69}{space 3} 1.657463
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6976217{col 28}{space 2} .2340783{col 39}{space 1}    2.98{col 48}{space 3}0.003{col 56}{space 4} .2388366{col 69}{space 3} 1.156407
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.134141{col 28}{space 2} .2254185{col 39}{space 1}    5.03{col 48}{space 3}0.000{col 56}{space 4} .6923286{col 69}{space 3} 1.575953
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.391445{col 28}{space 2} .2233254{col 39}{space 1}    6.23{col 48}{space 3}0.000{col 56}{space 4} .9537349{col 69}{space 3} 1.829155
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.131186{col 28}{space 2} .2267439{col 39}{space 1}    4.99{col 48}{space 3}0.000{col 56}{space 4} .6867758{col 69}{space 3} 1.575596
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.571347{col 28}{space 2} .2225384{col 39}{space 1}    7.06{col 48}{space 3}0.000{col 56}{space 4}  1.13518{col 69}{space 3} 2.007514
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.491505{col 28}{space 2} .2243178{col 39}{space 1}    6.65{col 48}{space 3}0.000{col 56}{space 4}  1.05185{col 69}{space 3} 1.931159
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.624429{col 28}{space 2} .2238096{col 39}{space 1}    7.26{col 48}{space 3}0.000{col 56}{space 4}  1.18577{col 69}{space 3} 2.063087
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.483215{col 28}{space 2} .2260109{col 39}{space 1}    6.56{col 48}{space 3}0.000{col 56}{space 4} 1.040241{col 69}{space 3} 1.926188
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.181107{col 28}{space 2} .2289204{col 39}{space 1}    5.16{col 48}{space 3}0.000{col 56}{space 4} .7324316{col 69}{space 3} 1.629783
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.612655{col 28}{space 2}  .225911{col 39}{space 1}    7.14{col 48}{space 3}0.000{col 56}{space 4} 1.169877{col 69}{space 3} 2.055432
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-.6018077{col 28}{space 2} .2627874{col 39}{space 1}   -2.29{col 48}{space 3}0.022{col 56}{space 4}-1.116861{col 69}{space 3}-.0867539
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. margins,  dydx(ln_cofdi_stock_gdp_L1 ) at (parcompL1  =(0(1)5))
{res}
{txt}Average marginal effects{col 49}Number of obs{col 67}= {res}     1,029
{txt}Model VCE{col 14}: {res}OIM

{txt}{p2colset 1 14 16 2}{...}
{p2col:Expression}:{space 1}{res:Linear prediction, predict()}{p_end}
{p2colreset}{...}
{txt}{p2colset 1 14 16 2}{...}
{p2col:dy/dx w.r.t.}:{space 1}{res:ln_cofdi_stock_gdp_L1}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:1._at}:{space 1}{res:{txt:parcompL1}{space 7}{txt:=} {space 10}0}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:2._at}:{space 1}{res:{txt:parcompL1}{space 7}{txt:=} {space 10}1}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:3._at}:{space 1}{res:{txt:parcompL1}{space 7}{txt:=} {space 10}2}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:4._at}:{space 1}{res:{txt:parcompL1}{space 7}{txt:=} {space 10}3}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:5._at}:{space 1}{res:{txt:parcompL1}{space 7}{txt:=} {space 10}4}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:6._at}:{space 1}{res:{txt:parcompL1}{space 7}{txt:=} {space 10}5}{p_end}
{p2colreset}{...}

{res}{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28} Delta-method
{col 16}{c |}      dy/dx{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}ln_cofdi_sto~1 {txt}{c |}
{space 11}_at {c |}
{space 12}1  {c |}{col 16}{res}{space 2} .3043918{col 28}{space 2} .1408944{col 39}{space 1}    2.16{col 48}{space 3}0.031{col 56}{space 4} .0282439{col 69}{space 3} .5805397
{txt}{space 12}2  {c |}{col 16}{res}{space 2} .2279905{col 28}{space 2} .1113377{col 39}{space 1}    2.05{col 48}{space 3}0.041{col 56}{space 4} .0097726{col 69}{space 3} .4462083
{txt}{space 12}3  {c |}{col 16}{res}{space 2} .1515892{col 28}{space 2} .0871754{col 39}{space 1}    1.74{col 48}{space 3}0.082{col 56}{space 4}-.0192715{col 69}{space 3} .3224499
{txt}{space 12}4  {c |}{col 16}{res}{space 2} .0751879{col 28}{space 2} .0739029{col 39}{space 1}    1.02{col 48}{space 3}0.309{col 56}{space 4}-.0696591{col 69}{space 3} .2200349
{txt}{space 12}5  {c |}{col 16}{res}{space 2}-.0012134{col 28}{space 2} .0773455{col 39}{space 1}   -0.02{col 48}{space 3}0.987{col 56}{space 4}-.1528078{col 69}{space 3}  .150381
{txt}{space 12}6  {c |}{col 16}{res}{space 2}-.0776147{col 28}{space 2} .0957164{col 39}{space 1}   -0.81{col 48}{space 3}0.417{col 56}{space 4}-.2652154{col 69}{space 3} .1099861
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. marginsplot,yscale(alt) yline(0) recast(line) plotopts(lw(medthick)) recastci(rline) ciopts(lp(dash))  ytitle("") xtitle("Competitiveness of Participation (parcomp)") title("") level(90) graphregion(fcolor(white)) legend(off) saving(parcomp,replace)

{text}{p 2 6 2}Variables that uniquely identify margins: parcompL1{p_end}
{res}{txt}(file parcomp.gph saved)

{com}. 
. eststo clear
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3129.9257}  
Iteration 1:{space 3}log likelihood = {res:-2627.2001}  
Iteration 2:{space 3}log likelihood = {res: -2546.405}  
Iteration 3:{space 3}log likelihood = {res:-2543.0029}  
Iteration 4:{space 3}log likelihood = {res:-2542.9879}  
Iteration 5:{space 3}log likelihood = {res:-2542.9879}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,029
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}18{txt}){col 67}={col 70}{res}   286.83
{txt}Log likelihood  = {res}-2542.9879{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3198394{col 28}{space 2} .1430793{col 39}{space 1}    2.24{col 48}{space 3}0.025{col 56}{space 4} .0394092{col 69}{space 3} .6002696
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2} .1083517{col 28}{space 2} .0518293{col 39}{space 1}    2.09{col 48}{space 3}0.037{col 56}{space 4} .0067681{col 69}{space 3} .2099352
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.1025415{col 28}{space 2}  .047442{col 39}{space 1}   -2.16{col 48}{space 3}0.031{col 56}{space 4}-.1955262{col 69}{space 3}-.0095568
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0242407{col 28}{space 2} .2947676{col 39}{space 1}   -0.08{col 48}{space 3}0.934{col 56}{space 4}-.6019747{col 69}{space 3} .5534932
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0749182{col 28}{space 2} .2581279{col 39}{space 1}    0.29{col 48}{space 3}0.772{col 56}{space 4}-.4310033{col 69}{space 3} .5808396
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3635112{col 28}{space 2} .2511497{col 39}{space 1}    1.45{col 48}{space 3}0.148{col 56}{space 4}-.1287331{col 69}{space 3} .8557556
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.008824{col 28}{space 2} .2298623{col 39}{space 1}    4.39{col 48}{space 3}0.000{col 56}{space 4} .5583024{col 69}{space 3} 1.459346
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.206305{col 28}{space 2} .2246628{col 39}{space 1}    5.37{col 48}{space 3}0.000{col 56}{space 4} .7659742{col 69}{space 3} 1.646636
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6867026{col 28}{space 2} .2337324{col 39}{space 1}    2.94{col 48}{space 3}0.003{col 56}{space 4} .2285955{col 69}{space 3}  1.14481
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.120606{col 28}{space 2} .2254007{col 39}{space 1}    4.97{col 48}{space 3}0.000{col 56}{space 4} .6788285{col 69}{space 3} 1.562383
{txt}{space 9}2012  {c |}{col 16}{res}{space 2}  1.38033{col 28}{space 2} .2231086{col 39}{space 1}    6.19{col 48}{space 3}0.000{col 56}{space 4} .9430453{col 69}{space 3} 1.817615
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.122845{col 28}{space 2} .2264218{col 39}{space 1}    4.96{col 48}{space 3}0.000{col 56}{space 4}  .679066{col 69}{space 3} 1.566623
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.565211{col 28}{space 2} .2222483{col 39}{space 1}    7.04{col 48}{space 3}0.000{col 56}{space 4} 1.129612{col 69}{space 3}  2.00081
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.486131{col 28}{space 2} .2240839{col 39}{space 1}    6.63{col 48}{space 3}0.000{col 56}{space 4} 1.046935{col 69}{space 3} 1.925328
{txt}{space 9}2016  {c |}{col 16}{res}{space 2}  1.62199{col 28}{space 2} .2235225{col 39}{space 1}    7.26{col 48}{space 3}0.000{col 56}{space 4} 1.183894{col 69}{space 3} 2.060086
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.480372{col 28}{space 2} .2256932{col 39}{space 1}    6.56{col 48}{space 3}0.000{col 56}{space 4} 1.038022{col 69}{space 3} 1.922723
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.178387{col 28}{space 2} .2285411{col 39}{space 1}    5.16{col 48}{space 3}0.000{col 56}{space 4} .7304545{col 69}{space 3} 1.626319
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.607383{col 28}{space 2} .2256131{col 39}{space 1}    7.12{col 48}{space 3}0.000{col 56}{space 4}  1.16519{col 69}{space 3} 2.049577
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2} -.616391{col 28}{space 2}  .259662{col 39}{space 1}   -2.37{col 48}{space 3}0.018{col 56}{space 4}-1.125319{col 69}{space 3}-.1074629
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. 
. margins,  dydx(ln_cofdi_stock_gdp_L1 ) at (avgcompL1  =(0(1)4))
{res}
{txt}Average marginal effects{col 49}Number of obs{col 67}= {res}     1,029
{txt}Model VCE{col 14}: {res}OIM

{txt}{p2colset 1 14 16 2}{...}
{p2col:Expression}:{space 1}{res:Linear prediction, predict()}{p_end}
{p2colreset}{...}
{txt}{p2colset 1 14 16 2}{...}
{p2col:dy/dx w.r.t.}:{space 1}{res:ln_cofdi_stock_gdp_L1}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:1._at}:{space 1}{res:{txt:avgcompL1}{space 7}{txt:=} {space 10}0}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:2._at}:{space 1}{res:{txt:avgcompL1}{space 7}{txt:=} {space 10}1}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:3._at}:{space 1}{res:{txt:avgcompL1}{space 7}{txt:=} {space 10}2}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:4._at}:{space 1}{res:{txt:avgcompL1}{space 7}{txt:=} {space 10}3}{p_end}
{p2colreset}{...}

{txt}{p2colset 1 14 16 2}{...}
{p2col:5._at}:{space 1}{res:{txt:avgcompL1}{space 7}{txt:=} {space 10}4}{p_end}
{p2colreset}{...}

{res}{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28} Delta-method
{col 16}{c |}      dy/dx{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}ln_cofdi_sto~1 {txt}{c |}
{space 11}_at {c |}
{space 12}1  {c |}{col 16}{res}{space 2} .3198394{col 28}{space 2} .1430793{col 39}{space 1}    2.24{col 48}{space 3}0.025{col 56}{space 4} .0394092{col 69}{space 3} .6002696
{txt}{space 12}2  {c |}{col 16}{res}{space 2} .2172979{col 28}{space 2} .1050313{col 39}{space 1}    2.07{col 48}{space 3}0.039{col 56}{space 4} .0114403{col 69}{space 3} .4231555
{txt}{space 12}3  {c |}{col 16}{res}{space 2} .1147564{col 28}{space 2} .0780574{col 39}{space 1}    1.47{col 48}{space 3}0.142{col 56}{space 4}-.0382334{col 69}{space 3} .2677462
{txt}{space 12}4  {c |}{col 16}{res}{space 2} .0122149{col 28}{space 2} .0752054{col 39}{space 1}    0.16{col 48}{space 3}0.871{col 56}{space 4} -.135185{col 69}{space 3} .1596147
{txt}{space 12}5  {c |}{col 16}{res}{space 2}-.0903266{col 28}{space 2} .0985912{col 39}{space 1}   -0.92{col 48}{space 3}0.360{col 56}{space 4}-.2835618{col 69}{space 3} .1029086
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. marginsplot,yscale(alt) yline(0) recast(line) plotopts(lw(medthick))  ytitle("") xtitle("Competition for participation" "and executive recruitment (xrparcomp)") title("")  recastci(rline) ciopts(lp(dash))   level(90) graphregion(fcolor(white)) legend(off) saving(avgcomp,replace)

{text}{p 2 6 2}Variables that uniquely identify margins: avgcompL1{p_end}
{res}{txt}(file avgcomp.gph saved)

{com}. 
. graph combine "polcomp" "parcomp" "avgcomp", col(2) graphregion(fcolor(white))
{res}{txt}
{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. *Table 2:  Chinese Money and Anti-China Protests
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo clear
{txt}
{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo:xtnbreg  eventcount    c.ChinaTradeOpennessL1##c.polcompL1 v2x_polyarchy   lngdp   lngdppc  urban_pop electricity NaturalResources  tradeopenness nonchinese_fdi_inflow_gdp  lndist bri_carryover  eventcountL1    i.year , fe
{txt}note: 22 groups (22 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-7299.8983}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-6735.4414}  (not concave)
Iteration 2:{space 3}log likelihood = {res: -4181.818}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-2925.6689}  (not concave)
Iteration 4:{space 3}log likelihood = {res: -2462.232}  (not concave)
Iteration 5:{space 3}log likelihood = {res:-2281.5673}  (not concave)
Iteration 6:{space 3}log likelihood = {res:-2093.8422}  
Iteration 7:{space 3}log likelihood = {res:-1892.3485}  
Iteration 8:{space 3}log likelihood = {res:-1838.0674}  
Iteration 9:{space 3}log likelihood = {res:-1836.8691}  
Iteration 10:{space 2}log likelihood = {res:-1836.8673}  
Iteration 11:{space 2}log likelihood = {res:-1836.8673}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       679
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        76

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.9
{txt}{col 63}max{col 67}={col 69}{res}        19

{txt}{col 49}Wald chi2({res}32{txt}){col 67}={col 70}{res}   287.24
{txt}Log likelihood  = {res}-1836.8673{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ChinaTradeOp~1 {c |}{col 16}{res}{space 2} .0033716{col 28}{space 2} .0190903{col 39}{space 1}    0.18{col 48}{space 3}0.860{col 56}{space 4}-.0340447{col 69}{space 3} .0407878
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2}-.0489401{col 28}{space 2} .0374339{col 39}{space 1}   -1.31{col 48}{space 3}0.191{col 56}{space 4}-.1223093{col 69}{space 3} .0244291
{txt}{space 14} {c |}
{space 12}c. {c |}
ChinaTradeOp~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2} -.001841{col 28}{space 2} .0023698{col 39}{space 1}   -0.78{col 48}{space 3}0.437{col 56}{space 4}-.0064857{col 69}{space 3} .0028037
{txt}{space 14} {c |}
{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .7247788{col 28}{space 2} .4411433{col 39}{space 1}    1.64{col 48}{space 3}0.100{col 56}{space 4}-.1398462{col 69}{space 3} 1.589404
{txt}{space 9}lngdp {c |}{col 16}{res}{space 2}-.0196796{col 28}{space 2} .0722641{col 39}{space 1}   -0.27{col 48}{space 3}0.785{col 56}{space 4}-.1613147{col 69}{space 3} .1219555
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0771359{col 28}{space 2} .1060482{col 39}{space 1}    0.73{col 48}{space 3}0.467{col 56}{space 4}-.1307146{col 69}{space 3} .2849865
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0039795{col 28}{space 2} .0062092{col 39}{space 1}    0.64{col 48}{space 3}0.522{col 56}{space 4}-.0081903{col 69}{space 3} .0161493
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0032509{col 28}{space 2} .0051554{col 39}{space 1}   -0.63{col 48}{space 3}0.528{col 56}{space 4}-.0133554{col 69}{space 3} .0068535
{txt}NaturalResou~s {c |}{col 16}{res}{space 2}-.0041152{col 28}{space 2} .0107198{col 39}{space 1}   -0.38{col 48}{space 3}0.701{col 56}{space 4}-.0251257{col 69}{space 3} .0168952
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0004461{col 28}{space 2} .0018532{col 39}{space 1}   -0.24{col 48}{space 3}0.810{col 56}{space 4}-.0040784{col 69}{space 3} .0031861
{txt}nonchinese_f~p {c |}{col 16}{res}{space 2}-.0063245{col 28}{space 2} .0051801{col 39}{space 1}   -1.22{col 48}{space 3}0.222{col 56}{space 4}-.0164774{col 69}{space 3} .0038283
{txt}{space 8}lndist {c |}{col 16}{res}{space 2}-.0854743{col 28}{space 2} .1466534{col 39}{space 1}   -0.58{col 48}{space 3}0.560{col 56}{space 4}-.3729097{col 69}{space 3}  .201961
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0753924{col 28}{space 2} .0999163{col 39}{space 1}    0.75{col 48}{space 3}0.451{col 56}{space 4}-.1204399{col 69}{space 3} .2712247
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0016105{col 28}{space 2} .0007998{col 39}{space 1}    2.01{col 48}{space 3}0.044{col 56}{space 4} .0000428{col 69}{space 3} .0031781
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2} .0516702{col 28}{space 2} .3539119{col 39}{space 1}    0.15{col 48}{space 3}0.884{col 56}{space 4}-.6419844{col 69}{space 3} .7453247
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.2965945{col 28}{space 2} .3649051{col 39}{space 1}   -0.81{col 48}{space 3}0.416{col 56}{space 4}-1.011795{col 69}{space 3} .4186063
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.0446138{col 28}{space 2} .3593866{col 39}{space 1}   -0.12{col 48}{space 3}0.901{col 56}{space 4}-.7489985{col 69}{space 3} .6597709
{txt}{space 9}2005  {c |}{col 16}{res}{space 2} .0742052{col 28}{space 2}  .382424{col 39}{space 1}    0.19{col 48}{space 3}0.846{col 56}{space 4} -.675332{col 69}{space 3} .8237424
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0670967{col 28}{space 2} .3615787{col 39}{space 1}    0.19{col 48}{space 3}0.853{col 56}{space 4}-.6415846{col 69}{space 3}  .775778
{txt}{space 9}2007  {c |}{col 16}{res}{space 2}  .380199{col 28}{space 2} .3205637{col 39}{space 1}    1.19{col 48}{space 3}0.236{col 56}{space 4}-.2480944{col 69}{space 3} 1.008492
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.002561{col 28}{space 2} .2973105{col 39}{space 1}    3.37{col 48}{space 3}0.001{col 56}{space 4} .4198427{col 69}{space 3} 1.585278
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.285734{col 28}{space 2}  .286526{col 39}{space 1}    4.49{col 48}{space 3}0.000{col 56}{space 4} .7241537{col 69}{space 3} 1.847315
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7543784{col 28}{space 2} .2910619{col 39}{space 1}    2.59{col 48}{space 3}0.010{col 56}{space 4} .1839075{col 69}{space 3} 1.324849
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .9556775{col 28}{space 2} .2819727{col 39}{space 1}    3.39{col 48}{space 3}0.001{col 56}{space 4} .4030211{col 69}{space 3} 1.508334
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.372516{col 28}{space 2}  .275527{col 39}{space 1}    4.98{col 48}{space 3}0.000{col 56}{space 4} .8324931{col 69}{space 3} 1.912539
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.126941{col 28}{space 2} .2801837{col 39}{space 1}    4.02{col 48}{space 3}0.000{col 56}{space 4} .5777916{col 69}{space 3} 1.676091
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.534353{col 28}{space 2} .2754789{col 39}{space 1}    5.57{col 48}{space 3}0.000{col 56}{space 4} .9944242{col 69}{space 3} 2.074281
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.476405{col 28}{space 2} .2735986{col 39}{space 1}    5.40{col 48}{space 3}0.000{col 56}{space 4} .9401618{col 69}{space 3} 2.012648
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.646553{col 28}{space 2} .2728109{col 39}{space 1}    6.04{col 48}{space 3}0.000{col 56}{space 4} 1.111853{col 69}{space 3} 2.181252
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.406779{col 28}{space 2} .2756017{col 39}{space 1}    5.10{col 48}{space 3}0.000{col 56}{space 4} .8666094{col 69}{space 3} 1.946948
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.109254{col 28}{space 2} .2793678{col 39}{space 1}    3.97{col 48}{space 3}0.000{col 56}{space 4} .5617033{col 69}{space 3} 1.656805
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.641034{col 28}{space 2} .2785649{col 39}{space 1}    5.89{col 48}{space 3}0.000{col 56}{space 4} 1.095057{col 69}{space 3} 2.187011
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2} .4570455{col 28}{space 2} 2.162477{col 39}{space 1}    0.21{col 48}{space 3}0.833{col 56}{space 4}-3.781331{col 69}{space 3} 4.695422
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ChinaTradeOpennessL1##c.parcompL1 v2x_polyarchy     lngdp   lngdppc  urban_pop electricity NaturalResources  tradeopenness nonchinese_fdi_inflow_gdp lndist bri_carryover  eventcountL1    i.year , fe
{txt}note: 22 groups (22 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res: -9941.499}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-8074.2363}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-4659.0219}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-3611.4499}  (not concave)
Iteration 4:{space 3}log likelihood = {res:-2266.8244}  (not concave)
Iteration 5:{space 3}log likelihood = {res:-2113.9406}  
Iteration 6:{space 3}log likelihood = {res:-1945.0448}  
Iteration 7:{space 3}log likelihood = {res:-1930.0292}  
Iteration 8:{space 3}log likelihood = {res:-1929.6425}  
Iteration 9:{space 3}log likelihood = {res:-1929.6413}  
Iteration 10:{space 2}log likelihood = {res:-1929.6413}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       698
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        77

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       9.1
{txt}{col 63}max{col 67}={col 69}{res}        19

{txt}{col 49}Wald chi2({res}32{txt}){col 67}={col 70}{res}   353.38
{txt}Log likelihood  = {res}-1929.6413{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ChinaTradeOp~1 {c |}{col 16}{res}{space 2}-.0021195{col 28}{space 2} .0194816{col 39}{space 1}   -0.11{col 48}{space 3}0.913{col 56}{space 4}-.0403028{col 69}{space 3} .0360637
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.1370817{col 28}{space 2} .0633137{col 39}{space 1}   -2.17{col 48}{space 3}0.030{col 56}{space 4}-.2611742{col 69}{space 3}-.0129891
{txt}{space 14} {c |}
{space 12}c. {c |}
ChinaTradeOp~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0016068{col 28}{space 2}  .004759{col 39}{space 1}   -0.34{col 48}{space 3}0.736{col 56}{space 4}-.0109342{col 69}{space 3} .0077206
{txt}{space 14} {c |}
{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .6271074{col 28}{space 2} .3776728{col 39}{space 1}    1.66{col 48}{space 3}0.097{col 56}{space 4}-.1131176{col 69}{space 3} 1.367333
{txt}{space 9}lngdp {c |}{col 16}{res}{space 2} .0445498{col 28}{space 2} .0690493{col 39}{space 1}    0.65{col 48}{space 3}0.519{col 56}{space 4}-.0907842{col 69}{space 3} .1798839
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0890192{col 28}{space 2} .1047028{col 39}{space 1}    0.85{col 48}{space 3}0.395{col 56}{space 4}-.1161945{col 69}{space 3} .2942329
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0024152{col 28}{space 2} .0060585{col 39}{space 1}    0.40{col 48}{space 3}0.690{col 56}{space 4}-.0094592{col 69}{space 3} .0142896
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0037913{col 28}{space 2}  .005206{col 39}{space 1}   -0.73{col 48}{space 3}0.466{col 56}{space 4}-.0139948{col 69}{space 3} .0064122
{txt}NaturalResou~s {c |}{col 16}{res}{space 2}-.0059673{col 28}{space 2} .0106791{col 39}{space 1}   -0.56{col 48}{space 3}0.576{col 56}{space 4}-.0268979{col 69}{space 3} .0149634
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} -.000401{col 28}{space 2}  .001816{col 39}{space 1}   -0.22{col 48}{space 3}0.825{col 56}{space 4}-.0039604{col 69}{space 3} .0031583
{txt}nonchinese_f~p {c |}{col 16}{res}{space 2}-.0058342{col 28}{space 2} .0051757{col 39}{space 1}   -1.13{col 48}{space 3}0.260{col 56}{space 4}-.0159785{col 69}{space 3}   .00431
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .0133135{col 28}{space 2} .1385144{col 39}{space 1}    0.10{col 48}{space 3}0.923{col 56}{space 4}-.2581698{col 69}{space 3} .2847968
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0782182{col 28}{space 2} .0981764{col 39}{space 1}    0.80{col 48}{space 3}0.426{col 56}{space 4} -.114204{col 69}{space 3} .2706405
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0016528{col 28}{space 2} .0006139{col 39}{space 1}    2.69{col 48}{space 3}0.007{col 56}{space 4} .0004496{col 69}{space 3}  .002856
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0057363{col 28}{space 2} .3346298{col 39}{space 1}   -0.02{col 48}{space 3}0.986{col 56}{space 4}-.6615988{col 69}{space 3} .6501261
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.3354953{col 28}{space 2}  .344767{col 39}{space 1}   -0.97{col 48}{space 3}0.330{col 56}{space 4}-1.011226{col 69}{space 3} .3402355
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.0850993{col 28}{space 2} .3380826{col 39}{space 1}   -0.25{col 48}{space 3}0.801{col 56}{space 4} -.747729{col 69}{space 3} .5775304
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.0859304{col 28}{space 2}  .361131{col 39}{space 1}   -0.24{col 48}{space 3}0.812{col 56}{space 4} -.793734{col 69}{space 3} .6218733
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}-.0184092{col 28}{space 2}   .33985{col 39}{space 1}   -0.05{col 48}{space 3}0.957{col 56}{space 4} -.684503{col 69}{space 3} .6476845
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3278051{col 28}{space 2} .3012186{col 39}{space 1}    1.09{col 48}{space 3}0.276{col 56}{space 4}-.2625726{col 69}{space 3} .9181828
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9809542{col 28}{space 2} .2783302{col 39}{space 1}    3.52{col 48}{space 3}0.000{col 56}{space 4}  .435437{col 69}{space 3} 1.526471
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.196587{col 28}{space 2} .2675858{col 39}{space 1}    4.47{col 48}{space 3}0.000{col 56}{space 4} .6721286{col 69}{space 3} 1.721046
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6830423{col 28}{space 2} .2719971{col 39}{space 1}    2.51{col 48}{space 3}0.012{col 56}{space 4} .1499378{col 69}{space 3} 1.216147
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .9051885{col 28}{space 2} .2637162{col 39}{space 1}    3.43{col 48}{space 3}0.001{col 56}{space 4} .3883143{col 69}{space 3} 1.422063
{txt}{space 9}2012  {c |}{col 16}{res}{space 2}  1.31792{col 28}{space 2} .2575978{col 39}{space 1}    5.12{col 48}{space 3}0.000{col 56}{space 4}  .813038{col 69}{space 3} 1.822803
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.059827{col 28}{space 2} .2617646{col 39}{space 1}    4.05{col 48}{space 3}0.000{col 56}{space 4} .5467775{col 69}{space 3} 1.572876
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.478413{col 28}{space 2} .2576893{col 39}{space 1}    5.74{col 48}{space 3}0.000{col 56}{space 4} .9733507{col 69}{space 3} 1.983474
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.413752{col 28}{space 2} .2568635{col 39}{space 1}    5.50{col 48}{space 3}0.000{col 56}{space 4} .9103087{col 69}{space 3} 1.917195
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.595415{col 28}{space 2} .2555669{col 39}{space 1}    6.24{col 48}{space 3}0.000{col 56}{space 4} 1.094513{col 69}{space 3} 2.096317
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.306233{col 28}{space 2} .2614331{col 39}{space 1}    5.00{col 48}{space 3}0.000{col 56}{space 4} .7938339{col 69}{space 3} 1.818633
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.051443{col 28}{space 2} .2631786{col 39}{space 1}    4.00{col 48}{space 3}0.000{col 56}{space 4} .5356223{col 69}{space 3} 1.567264
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.598367{col 28}{space 2} .2612434{col 39}{space 1}    6.12{col 48}{space 3}0.000{col 56}{space 4}  1.08634{col 69}{space 3} 2.110395
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-1.796697{col 28}{space 2} 2.013787{col 39}{space 1}   -0.89{col 48}{space 3}0.372{col 56}{space 4}-5.743646{col 69}{space 3} 2.150253
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est2{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ChinaTradeOpennessL1##c.avgcompL1  v2x_polyarchy     lngdp   lngdppc  urban_pop electricity NaturalResources tradeopenness nonchinese_fdi_inflow_gdp   lndist bri_carryover  eventcountL1    i.year , fe
{txt}note: 22 groups (22 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-9606.5533}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-7866.4945}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-6570.1871}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-5516.5151}  (not concave)
Iteration 4:{space 3}log likelihood = {res:-3853.7639}  (not concave)
Iteration 5:{space 3}log likelihood = {res: -2871.043}  (not concave)
Iteration 6:{space 3}log likelihood = {res:-2378.5754}  (not concave)
Iteration 7:{space 3}log likelihood = {res:-1968.4362}  
Iteration 8:{space 3}log likelihood = {res: -1935.605}  
Iteration 9:{space 3}log likelihood = {res:-1930.9656}  
Iteration 10:{space 2}log likelihood = {res:-1930.9548}  
Iteration 11:{space 2}log likelihood = {res:-1930.9548}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       698
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        77

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       9.1
{txt}{col 63}max{col 67}={col 69}{res}        19

{txt}{col 49}Wald chi2({res}32{txt}){col 67}={col 70}{res}   345.95
{txt}Log likelihood  = {res}-1930.9548{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ChinaTradeOp~1 {c |}{col 16}{res}{space 2}  .002401{col 28}{space 2} .0202981{col 39}{space 1}    0.12{col 48}{space 3}0.906{col 56}{space 4}-.0373824{col 69}{space 3} .0421845
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.1419246{col 28}{space 2} .0918856{col 39}{space 1}   -1.54{col 48}{space 3}0.122{col 56}{space 4} -.322017{col 69}{space 3} .0381678
{txt}{space 14} {c |}
{space 12}c. {c |}
ChinaTradeOp~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.0032644{col 28}{space 2} .0062254{col 39}{space 1}   -0.52{col 48}{space 3}0.600{col 56}{space 4}-.0154661{col 69}{space 3} .0089372
{txt}{space 14} {c |}
{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .6834389{col 28}{space 2} .4200051{col 39}{space 1}    1.63{col 48}{space 3}0.104{col 56}{space 4}-.1397561{col 69}{space 3} 1.506634
{txt}{space 9}lngdp {c |}{col 16}{res}{space 2}  .035934{col 28}{space 2} .0688691{col 39}{space 1}    0.52{col 48}{space 3}0.602{col 56}{space 4}-.0990469{col 69}{space 3}  .170915
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0753032{col 28}{space 2} .1045022{col 39}{space 1}    0.72{col 48}{space 3}0.471{col 56}{space 4}-.1295175{col 69}{space 3} .2801238
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0030194{col 28}{space 2} .0061037{col 39}{space 1}    0.49{col 48}{space 3}0.621{col 56}{space 4}-.0089436{col 69}{space 3} .0149824
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0035745{col 28}{space 2} .0052589{col 39}{space 1}   -0.68{col 48}{space 3}0.497{col 56}{space 4}-.0138817{col 69}{space 3} .0067328
{txt}NaturalResou~s {c |}{col 16}{res}{space 2}-.0055383{col 28}{space 2} .0106186{col 39}{space 1}   -0.52{col 48}{space 3}0.602{col 56}{space 4}-.0263505{col 69}{space 3} .0152738
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0001615{col 28}{space 2} .0017867{col 39}{space 1}   -0.09{col 48}{space 3}0.928{col 56}{space 4}-.0036634{col 69}{space 3} .0033405
{txt}nonchinese_f~p {c |}{col 16}{res}{space 2}-.0059648{col 28}{space 2} .0051637{col 39}{space 1}   -1.16{col 48}{space 3}0.248{col 56}{space 4}-.0160854{col 69}{space 3} .0041558
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .0188862{col 28}{space 2} .1393338{col 39}{space 1}    0.14{col 48}{space 3}0.892{col 56}{space 4}-.2542029{col 69}{space 3} .2919754
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0563617{col 28}{space 2} .0982892{col 39}{space 1}    0.57{col 48}{space 3}0.566{col 56}{space 4}-.1362816{col 69}{space 3} .2490049
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0018094{col 28}{space 2} .0006133{col 39}{space 1}    2.95{col 48}{space 3}0.003{col 56}{space 4} .0006074{col 69}{space 3} .0030114
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2} .0001823{col 28}{space 2} .3353026{col 39}{space 1}    0.00{col 48}{space 3}1.000{col 56}{space 4}-.6569987{col 69}{space 3} .6573632
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.3259633{col 28}{space 2} .3451336{col 39}{space 1}   -0.94{col 48}{space 3}0.345{col 56}{space 4}-1.002413{col 69}{space 3} .3504861
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.0772869{col 28}{space 2} .3390263{col 39}{space 1}   -0.23{col 48}{space 3}0.820{col 56}{space 4}-.7417662{col 69}{space 3} .5871924
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.0763183{col 28}{space 2} .3623009{col 39}{space 1}   -0.21{col 48}{space 3}0.833{col 56}{space 4} -.786415{col 69}{space 3} .6337783
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0003941{col 28}{space 2}  .340517{col 39}{space 1}    0.00{col 48}{space 3}0.999{col 56}{space 4} -.667007{col 69}{space 3} .6677952
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3459242{col 28}{space 2} .3022464{col 39}{space 1}    1.14{col 48}{space 3}0.252{col 56}{space 4}-.2464678{col 69}{space 3} .9383162
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9851911{col 28}{space 2} .2796365{col 39}{space 1}    3.52{col 48}{space 3}0.000{col 56}{space 4} .4371136{col 69}{space 3} 1.533269
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.218115{col 28}{space 2} .2693812{col 39}{space 1}    4.52{col 48}{space 3}0.000{col 56}{space 4} .6901373{col 69}{space 3} 1.746092
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7100771{col 28}{space 2} .2736667{col 39}{space 1}    2.59{col 48}{space 3}0.009{col 56}{space 4} .1737002{col 69}{space 3} 1.246454
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .9272777{col 28}{space 2} .2645361{col 39}{space 1}    3.51{col 48}{space 3}0.000{col 56}{space 4} .4087965{col 69}{space 3} 1.445759
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.335006{col 28}{space 2}  .258522{col 39}{space 1}    5.16{col 48}{space 3}0.000{col 56}{space 4} .8283126{col 69}{space 3}   1.8417
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.073501{col 28}{space 2} .2629276{col 39}{space 1}    4.08{col 48}{space 3}0.000{col 56}{space 4} .5581726{col 69}{space 3}  1.58883
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.499881{col 28}{space 2} .2584695{col 39}{space 1}    5.80{col 48}{space 3}0.000{col 56}{space 4} .9932906{col 69}{space 3} 2.006472
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.420133{col 28}{space 2} .2579811{col 39}{space 1}    5.50{col 48}{space 3}0.000{col 56}{space 4}  .914499{col 69}{space 3} 1.925766
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.605787{col 28}{space 2} .2562948{col 39}{space 1}    6.27{col 48}{space 3}0.000{col 56}{space 4} 1.103458{col 69}{space 3} 2.108115
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.326781{col 28}{space 2} .2616238{col 39}{space 1}    5.07{col 48}{space 3}0.000{col 56}{space 4} .8140074{col 69}{space 3} 1.839554
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.088798{col 28}{space 2}  .263361{col 39}{space 1}    4.13{col 48}{space 3}0.000{col 56}{space 4} .5726199{col 69}{space 3} 1.604976
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.627466{col 28}{space 2} .2615023{col 39}{space 1}    6.22{col 48}{space 3}0.000{col 56}{space 4} 1.114931{col 69}{space 3} 2.140002
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-1.714483{col 28}{space 2} 2.022477{col 39}{space 1}   -0.85{col 48}{space 3}0.397{col 56}{space 4}-5.678464{col 69}{space 3} 2.249499
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est3{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.OFa_all_gdp_ln_L1##c.polcompL1   v2x_polyarchy  lngdp   lngdppc  urban_pop electricity NaturalResources tradeopenness nonchinese_fdi_inflow_gdp   lndist bri_carryover   eventcountL1   i.year , fe
{txt}note: 20 groups (20 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2828.7229}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2423.7701}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-1483.0762}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-1084.2447}  
Iteration 4:{space 3}log likelihood = {res:-1071.6911}  
Iteration 5:{space 3}log likelihood = {res:-1048.0309}  
Iteration 6:{space 3}log likelihood = {res:-929.39036}  
Iteration 7:{space 3}log likelihood = {res:-864.98704}  
Iteration 8:{space 3}log likelihood = {res:-852.21518}  
Iteration 9:{space 3}log likelihood = {res:-852.00134}  
Iteration 10:{space 2}log likelihood = {res:-852.00003}  
Iteration 11:{space 2}log likelihood = {res:-852.00003}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       330
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        50

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       6.6
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}31{txt}){col 67}={col 70}{res}   104.06
{txt}Log likelihood  = {res}-852.00003{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
OFa_all_gdp_~1 {c |}{col 16}{res}{space 2} .1242264{col 28}{space 2} .2494605{col 39}{space 1}    0.50{col 48}{space 3}0.618{col 56}{space 4}-.3647071{col 69}{space 3} .6131599
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2}-.0087025{col 28}{space 2} .0430276{col 39}{space 1}   -0.20{col 48}{space 3}0.840{col 56}{space 4}-.0930351{col 69}{space 3} .0756301
{txt}{space 14} {c |}
{space 12}c. {c |}
OFa_all_gdp_~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2}-.0189853{col 28}{space 2} .0356219{col 39}{space 1}   -0.53{col 48}{space 3}0.594{col 56}{space 4}-.0888029{col 69}{space 3} .0508323
{txt}{space 14} {c |}
{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .1236869{col 28}{space 2} .6186143{col 39}{space 1}    0.20{col 48}{space 3}0.842{col 56}{space 4}-1.088775{col 69}{space 3} 1.336149
{txt}{space 9}lngdp {c |}{col 16}{res}{space 2} .1635942{col 28}{space 2} .1039632{col 39}{space 1}    1.57{col 48}{space 3}0.116{col 56}{space 4}  -.04017{col 69}{space 3} .3673584
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2}-.0240433{col 28}{space 2} .2083881{col 39}{space 1}   -0.12{col 48}{space 3}0.908{col 56}{space 4}-.4324764{col 69}{space 3} .3843898
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0052709{col 28}{space 2} .0089154{col 39}{space 1}    0.59{col 48}{space 3}0.554{col 56}{space 4} -.012203{col 69}{space 3} .0227447
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0137782{col 28}{space 2} .0069333{col 39}{space 1}   -1.99{col 48}{space 3}0.047{col 56}{space 4}-.0273673{col 69}{space 3}-.0001892
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0166259{col 28}{space 2} .0132105{col 39}{space 1}    1.26{col 48}{space 3}0.208{col 56}{space 4}-.0092662{col 69}{space 3}  .042518
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0048528{col 28}{space 2} .0037584{col 39}{space 1}    1.29{col 48}{space 3}0.197{col 56}{space 4}-.0025136{col 69}{space 3} .0122192
{txt}nonchinese_f~p {c |}{col 16}{res}{space 2} .0037977{col 28}{space 2} .0121838{col 39}{space 1}    0.31{col 48}{space 3}0.755{col 56}{space 4}-.0200822{col 69}{space 3} .0276776
{txt}{space 8}lndist {c |}{col 16}{res}{space 2}-.0312095{col 28}{space 2} .2564104{col 39}{space 1}   -0.12{col 48}{space 3}0.903{col 56}{space 4}-.5337646{col 69}{space 3} .4713455
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0244692{col 28}{space 2} .1441104{col 39}{space 1}    0.17{col 48}{space 3}0.865{col 56}{space 4} -.257982{col 69}{space 3} .3069205
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0031533{col 28}{space 2} .0011448{col 39}{space 1}    2.75{col 48}{space 3}0.006{col 56}{space 4} .0009096{col 69}{space 3}  .005397
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.5023963{col 28}{space 2} 1.169476{col 39}{space 1}   -0.43{col 48}{space 3}0.667{col 56}{space 4}-2.794527{col 69}{space 3} 1.789735
{txt}{space 9}2003  {c |}{col 16}{res}{space 2} .0748792{col 28}{space 2} 1.138578{col 39}{space 1}    0.07{col 48}{space 3}0.948{col 56}{space 4}-2.156692{col 69}{space 3}  2.30645
{txt}{space 9}2004  {c |}{col 16}{res}{space 2} .4672336{col 28}{space 2} 1.060999{col 39}{space 1}    0.44{col 48}{space 3}0.660{col 56}{space 4}-1.612286{col 69}{space 3} 2.546753
{txt}{space 9}2005  {c |}{col 16}{res}{space 2} .2035546{col 28}{space 2} .9394134{col 39}{space 1}    0.22{col 48}{space 3}0.828{col 56}{space 4}-1.637662{col 69}{space 3} 2.044771
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0387068{col 28}{space 2} .8048414{col 39}{space 1}    0.05{col 48}{space 3}0.962{col 56}{space 4}-1.538753{col 69}{space 3} 1.616167
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3752469{col 28}{space 2} .7298867{col 39}{space 1}    0.51{col 48}{space 3}0.607{col 56}{space 4}-1.055305{col 69}{space 3} 1.805799
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}  .792411{col 28}{space 2} .7208198{col 39}{space 1}    1.10{col 48}{space 3}0.272{col 56}{space 4}-.6203698{col 69}{space 3} 2.205192
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.238041{col 28}{space 2} .6949584{col 39}{space 1}    1.78{col 48}{space 3}0.075{col 56}{space 4}-.1240524{col 69}{space 3} 2.600135
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7661851{col 28}{space 2} .6994072{col 39}{space 1}    1.10{col 48}{space 3}0.273{col 56}{space 4}-.6046279{col 69}{space 3} 2.136998
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.036561{col 28}{space 2} .7049203{col 39}{space 1}    1.47{col 48}{space 3}0.141{col 56}{space 4}-.3450576{col 69}{space 3} 2.418179
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.355287{col 28}{space 2}  .697986{col 39}{space 1}    1.94{col 48}{space 3}0.052{col 56}{space 4}-.0127408{col 69}{space 3} 2.723314
{txt}{space 9}2013  {c |}{col 16}{res}{space 2}  1.24237{col 28}{space 2} .7045073{col 39}{space 1}    1.76{col 48}{space 3}0.078{col 56}{space 4}-.1384385{col 69}{space 3} 2.623179
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.634575{col 28}{space 2} .7052615{col 39}{space 1}    2.32{col 48}{space 3}0.020{col 56}{space 4} .2522882{col 69}{space 3} 3.016863
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.655491{col 28}{space 2}  .705081{col 39}{space 1}    2.35{col 48}{space 3}0.019{col 56}{space 4} .2735575{col 69}{space 3} 3.037424
{txt}{space 9}2016  {c |}{col 16}{res}{space 2}   1.7975{col 28}{space 2} .7063782{col 39}{space 1}    2.54{col 48}{space 3}0.011{col 56}{space 4} .4130239{col 69}{space 3} 3.181975
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.571744{col 28}{space 2} .7160983{col 39}{space 1}    2.19{col 48}{space 3}0.028{col 56}{space 4} .1682166{col 69}{space 3} 2.975271
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.343796{col 28}{space 2} .7204367{col 39}{space 1}    1.87{col 48}{space 3}0.062{col 56}{space 4}-.0682343{col 69}{space 3} 2.755826
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.834362{col 28}{space 2} 2.938206{col 39}{space 1}   -1.31{col 48}{space 3}0.192{col 56}{space 4} -9.59314{col 69}{space 3} 1.924416
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est4{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.OFa_all_gdp_ln_L1##c.parcompL1    v2x_polyarchy  lngdp   lngdppc  urban_pop electricity NaturalResources tradeopenness nonchinese_fdi_inflow_gdp  lndist bri_carryover   eventcountL1   i.year , fe
{txt}note: 20 groups (20 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3665.4373}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-1928.2085}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-1198.9396}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-1068.0558}  (not concave)
Iteration 4:{space 3}log likelihood = {res: -886.2791}  
Iteration 5:{space 3}log likelihood = {res:-877.09152}  
Iteration 6:{space 3}log likelihood = {res:-853.72618}  
Iteration 7:{space 3}log likelihood = {res:-851.27944}  
Iteration 8:{space 3}log likelihood = {res:-851.24321}  
Iteration 9:{space 3}log likelihood = {res:-851.24307}  
Iteration 10:{space 2}log likelihood = {res:-851.24307}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       330
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        50

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       6.6
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}31{txt}){col 67}={col 70}{res}   106.02
{txt}Log likelihood  = {res}-851.24307{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
OFa_all_gdp_~1 {c |}{col 16}{res}{space 2}-.0582782{col 28}{space 2} .2536959{col 39}{space 1}   -0.23{col 48}{space 3}0.818{col 56}{space 4} -.555513{col 69}{space 3} .4389565
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.1217501{col 28}{space 2} .0921624{col 39}{space 1}   -1.32{col 48}{space 3}0.186{col 56}{space 4}-.3023851{col 69}{space 3}  .058885
{txt}{space 14} {c |}
{space 12}c. {c |}
OFa_all_gdp_~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2} .0166021{col 28}{space 2} .0737622{col 39}{space 1}    0.23{col 48}{space 3}0.822{col 56}{space 4}-.1279691{col 69}{space 3} .1611733
{txt}{space 14} {c |}
{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .3081055{col 28}{space 2} .5457064{col 39}{space 1}    0.56{col 48}{space 3}0.572{col 56}{space 4}-.7614595{col 69}{space 3}  1.37767
{txt}{space 9}lngdp {c |}{col 16}{res}{space 2}  .179042{col 28}{space 2} .1049129{col 39}{space 1}    1.71{col 48}{space 3}0.088{col 56}{space 4}-.0265835{col 69}{space 3} .3846675
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} -.029264{col 28}{space 2} .2092716{col 39}{space 1}   -0.14{col 48}{space 3}0.889{col 56}{space 4}-.4394288{col 69}{space 3} .3809007
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0053585{col 28}{space 2} .0089305{col 39}{space 1}    0.60{col 48}{space 3}0.548{col 56}{space 4} -.012145{col 69}{space 3} .0228621
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0143736{col 28}{space 2} .0069661{col 39}{space 1}   -2.06{col 48}{space 3}0.039{col 56}{space 4}-.0280268{col 69}{space 3}-.0007203
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0169626{col 28}{space 2} .0132377{col 39}{space 1}    1.28{col 48}{space 3}0.200{col 56}{space 4}-.0089828{col 69}{space 3} .0429079
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}  .004937{col 28}{space 2}  .003731{col 39}{space 1}    1.32{col 48}{space 3}0.186{col 56}{space 4}-.0023756{col 69}{space 3} .0122496
{txt}nonchinese_f~p {c |}{col 16}{res}{space 2} .0039456{col 28}{space 2} .0120273{col 39}{space 1}    0.33{col 48}{space 3}0.743{col 56}{space 4}-.0196275{col 69}{space 3} .0275187
{txt}{space 8}lndist {c |}{col 16}{res}{space 2}-.0566191{col 28}{space 2}  .260106{col 39}{space 1}   -0.22{col 48}{space 3}0.828{col 56}{space 4}-.5664174{col 69}{space 3} .4531793
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0292861{col 28}{space 2} .1438025{col 39}{space 1}    0.20{col 48}{space 3}0.839{col 56}{space 4}-.2525615{col 69}{space 3} .3111337
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0032222{col 28}{space 2} .0011474{col 39}{space 1}    2.81{col 48}{space 3}0.005{col 56}{space 4} .0009734{col 69}{space 3} .0054711
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.5462075{col 28}{space 2} 1.169818{col 39}{space 1}   -0.47{col 48}{space 3}0.641{col 56}{space 4}-2.839008{col 69}{space 3} 1.746593
{txt}{space 9}2003  {c |}{col 16}{res}{space 2} .0861611{col 28}{space 2} 1.141288{col 39}{space 1}    0.08{col 48}{space 3}0.940{col 56}{space 4}-2.150723{col 69}{space 3} 2.323045
{txt}{space 9}2004  {c |}{col 16}{res}{space 2} .4707712{col 28}{space 2} 1.066396{col 39}{space 1}    0.44{col 48}{space 3}0.659{col 56}{space 4}-1.619326{col 69}{space 3} 2.560869
{txt}{space 9}2005  {c |}{col 16}{res}{space 2} .2292183{col 28}{space 2} .9406654{col 39}{space 1}    0.24{col 48}{space 3}0.807{col 56}{space 4}-1.614452{col 69}{space 3} 2.072889
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0264156{col 28}{space 2} .8046414{col 39}{space 1}    0.03{col 48}{space 3}0.974{col 56}{space 4}-1.550653{col 69}{space 3} 1.603484
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3637614{col 28}{space 2} .7308747{col 39}{space 1}    0.50{col 48}{space 3}0.619{col 56}{space 4}-1.068727{col 69}{space 3} 1.796249
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}  .769102{col 28}{space 2} .7223832{col 39}{space 1}    1.06{col 48}{space 3}0.287{col 56}{space 4}-.6467431{col 69}{space 3} 2.184947
{txt}{space 9}2009  {c |}{col 16}{res}{space 2}  1.20986{col 28}{space 2} .6967383{col 39}{space 1}    1.74{col 48}{space 3}0.082{col 56}{space 4}-.1557216{col 69}{space 3} 2.575442
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7277602{col 28}{space 2} .7015498{col 39}{space 1}    1.04{col 48}{space 3}0.300{col 56}{space 4}-.6472522{col 69}{space 3} 2.102773
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.013242{col 28}{space 2} .7067613{col 39}{space 1}    1.43{col 48}{space 3}0.152{col 56}{space 4}-.3719843{col 69}{space 3} 2.398469
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.333805{col 28}{space 2} .6998703{col 39}{space 1}    1.91{col 48}{space 3}0.057{col 56}{space 4}-.0379156{col 69}{space 3} 2.705525
{txt}{space 9}2013  {c |}{col 16}{res}{space 2}  1.22249{col 28}{space 2} .7062051{col 39}{space 1}    1.73{col 48}{space 3}0.083{col 56}{space 4}-.1616464{col 69}{space 3} 2.606627
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.600276{col 28}{space 2} .7075696{col 39}{space 1}    2.26{col 48}{space 3}0.024{col 56}{space 4} .2134648{col 69}{space 3} 2.987087
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.623568{col 28}{space 2}  .707135{col 39}{space 1}    2.30{col 48}{space 3}0.022{col 56}{space 4} .2376086{col 69}{space 3} 3.009527
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.780794{col 28}{space 2} .7084662{col 39}{space 1}    2.51{col 48}{space 3}0.012{col 56}{space 4}  .392226{col 69}{space 3} 3.169362
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.547643{col 28}{space 2}  .718571{col 39}{space 1}    2.15{col 48}{space 3}0.031{col 56}{space 4}   .13927{col 69}{space 3} 2.956016
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.328737{col 28}{space 2} .7226674{col 39}{space 1}    1.84{col 48}{space 3}0.066{col 56}{space 4}-.0876655{col 69}{space 3} 2.745139
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.654086{col 28}{space 2} 2.968849{col 39}{space 1}   -1.23{col 48}{space 3}0.218{col 56}{space 4}-9.472923{col 69}{space 3} 2.164751
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est5{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.OFa_all_gdp_ln_L1##c.avgcompL1     v2x_polyarchy  lngdp   lngdppc  urban_pop electricity NaturalResources tradeopenness nonchinese_fdi_inflow_gdp  lndist bri_carryover    eventcountL1  i.year , fe
{txt}note: 20 groups (20 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2814.4299}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-1738.2451}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-1163.8397}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-1109.9455}  (not concave)
Iteration 4:{space 3}log likelihood = {res:-926.58673}  
Iteration 5:{space 3}log likelihood = {res:-892.69144}  
Iteration 6:{space 3}log likelihood = {res:-852.96511}  
Iteration 7:{space 3}log likelihood = {res:-851.90794}  
Iteration 8:{space 3}log likelihood = {res: -851.9005}  
Iteration 9:{space 3}log likelihood = {res: -851.9005}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       330
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        50

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       6.6
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}31{txt}){col 67}={col 70}{res}   103.88
{txt}Log likelihood  = {res} -851.9005{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
OFa_all_gdp_~1 {c |}{col 16}{res}{space 2} .0436687{col 28}{space 2} .2438305{col 39}{space 1}    0.18{col 48}{space 3}0.858{col 56}{space 4}-.4342304{col 69}{space 3} .5215678
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.0722498{col 28}{space 2} .1059284{col 39}{space 1}   -0.68{col 48}{space 3}0.495{col 56}{space 4}-.2798657{col 69}{space 3} .1353661
{txt}{space 14} {c |}
{space 12}c. {c |}
OFa_all_gdp_~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.0169402{col 28}{space 2} .0915195{col 39}{space 1}   -0.19{col 48}{space 3}0.853{col 56}{space 4}-.1963152{col 69}{space 3} .1624347
{txt}{space 14} {c |}
{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .2389499{col 28}{space 2} .6028331{col 39}{space 1}    0.40{col 48}{space 3}0.692{col 56}{space 4}-.9425813{col 69}{space 3} 1.420481
{txt}{space 9}lngdp {c |}{col 16}{res}{space 2} .1679432{col 28}{space 2} .1038462{col 39}{space 1}    1.62{col 48}{space 3}0.106{col 56}{space 4}-.0355917{col 69}{space 3} .3714781
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2}-.0200712{col 28}{space 2}  .208127{col 39}{space 1}   -0.10{col 48}{space 3}0.923{col 56}{space 4}-.4279927{col 69}{space 3} .3878503
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0053342{col 28}{space 2} .0089095{col 39}{space 1}    0.60{col 48}{space 3}0.549{col 56}{space 4}-.0121282{col 69}{space 3} .0227966
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0135584{col 28}{space 2} .0068513{col 39}{space 1}   -1.98{col 48}{space 3}0.048{col 56}{space 4}-.0269868{col 69}{space 3}  -.00013
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0167747{col 28}{space 2} .0132515{col 39}{space 1}    1.27{col 48}{space 3}0.206{col 56}{space 4}-.0091977{col 69}{space 3} .0427471
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0049748{col 28}{space 2} .0037684{col 39}{space 1}    1.32{col 48}{space 3}0.187{col 56}{space 4}-.0024111{col 69}{space 3} .0123606
{txt}nonchinese_f~p {c |}{col 16}{res}{space 2} .0034634{col 28}{space 2} .0119836{col 39}{space 1}    0.29{col 48}{space 3}0.773{col 56}{space 4}-.0200241{col 69}{space 3} .0269509
{txt}{space 8}lndist {c |}{col 16}{res}{space 2}-.0379404{col 28}{space 2} .2569738{col 39}{space 1}   -0.15{col 48}{space 3}0.883{col 56}{space 4}-.5415997{col 69}{space 3}  .465719
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0233624{col 28}{space 2} .1443069{col 39}{space 1}    0.16{col 48}{space 3}0.871{col 56}{space 4} -.259474{col 69}{space 3} .3061988
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0032338{col 28}{space 2} .0011535{col 39}{space 1}    2.80{col 48}{space 3}0.005{col 56}{space 4} .0009729{col 69}{space 3} .0054946
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.4935657{col 28}{space 2} 1.169057{col 39}{space 1}   -0.42{col 48}{space 3}0.673{col 56}{space 4}-2.784876{col 69}{space 3} 1.797745
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}  .067098{col 28}{space 2} 1.137395{col 39}{space 1}    0.06{col 48}{space 3}0.953{col 56}{space 4}-2.162155{col 69}{space 3} 2.296351
{txt}{space 9}2004  {c |}{col 16}{res}{space 2} .4580875{col 28}{space 2} 1.060229{col 39}{space 1}    0.43{col 48}{space 3}0.666{col 56}{space 4}-1.619923{col 69}{space 3} 2.536098
{txt}{space 9}2005  {c |}{col 16}{res}{space 2} .2125262{col 28}{space 2} .9393417{col 39}{space 1}    0.23{col 48}{space 3}0.821{col 56}{space 4} -1.62855{col 69}{space 3} 2.053602
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0328901{col 28}{space 2} .8032384{col 39}{space 1}    0.04{col 48}{space 3}0.967{col 56}{space 4}-1.541428{col 69}{space 3} 1.607209
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3774796{col 28}{space 2} .7301072{col 39}{space 1}    0.52{col 48}{space 3}0.605{col 56}{space 4}-1.053504{col 69}{space 3} 1.808463
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .7729565{col 28}{space 2} .7208258{col 39}{space 1}    1.07{col 48}{space 3}0.284{col 56}{space 4}-.6398362{col 69}{space 3} 2.185749
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.229896{col 28}{space 2} .6947044{col 39}{space 1}    1.77{col 48}{space 3}0.077{col 56}{space 4}-.1316997{col 69}{space 3} 2.591491
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7588815{col 28}{space 2} .6991726{col 39}{space 1}    1.09{col 48}{space 3}0.278{col 56}{space 4}-.6114716{col 69}{space 3} 2.129235
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.026263{col 28}{space 2} .7057039{col 39}{space 1}    1.45{col 48}{space 3}0.146{col 56}{space 4}-.3568917{col 69}{space 3} 2.409417
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.342342{col 28}{space 2} .6975911{col 39}{space 1}    1.92{col 48}{space 3}0.054{col 56}{space 4} -.024911{col 69}{space 3} 2.709596
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.232148{col 28}{space 2} .7043485{col 39}{space 1}    1.75{col 48}{space 3}0.080{col 56}{space 4}-.1483495{col 69}{space 3} 2.612646
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.619056{col 28}{space 2} .7052139{col 39}{space 1}    2.30{col 48}{space 3}0.022{col 56}{space 4} .2368623{col 69}{space 3}  3.00125
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.639682{col 28}{space 2} .7049437{col 39}{space 1}    2.33{col 48}{space 3}0.020{col 56}{space 4} .2580179{col 69}{space 3} 3.021347
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.785887{col 28}{space 2} .7062006{col 39}{space 1}    2.53{col 48}{space 3}0.011{col 56}{space 4} .4017597{col 69}{space 3} 3.170015
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.556475{col 28}{space 2} .7159695{col 39}{space 1}    2.17{col 48}{space 3}0.030{col 56}{space 4} .1532008{col 69}{space 3}  2.95975
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.336075{col 28}{space 2} .7204552{col 39}{space 1}    1.85{col 48}{space 3}0.064{col 56}{space 4}-.0759913{col 69}{space 3} 2.748141
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.863584{col 28}{space 2} 2.948511{col 39}{space 1}   -1.31{col 48}{space 3}0.190{col 56}{space 4}-9.642559{col 69}{space 3} 1.915391
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est6{txt} stored)

{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. *Table 3: Non-Chinese FDI and Anti-China Protests.
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo clear
{txt}
{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_nonchinese_fdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness lndist bri_carryover v2x_polyarchy  i.year if developed==0 , fe
{txt}note: 13 groups (13 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2023.6673}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-1829.7306}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-1687.9036}  
Iteration 3:{space 3}log likelihood = {res:-1561.6891}  
Iteration 4:{space 3}log likelihood = {res:-1507.4059}  
Iteration 5:{space 3}log likelihood = {res:-1505.1732}  
Iteration 6:{space 3}log likelihood = {res:-1505.1701}  
Iteration 7:{space 3}log likelihood = {res:-1505.1701}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       646
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        89

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       7.3
{txt}{col 63}max{col 67}={col 69}{res}        18

{txt}{col 49}Wald chi2({res}30{txt}){col 67}={col 70}{res}   199.73
{txt}Log likelihood  = {res}-1505.1701{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_nonchines~1 {c |}{col 16}{res}{space 2}-.0266335{col 28}{space 2} .1408684{col 39}{space 1}   -0.19{col 48}{space 3}0.850{col 56}{space 4}-.3027306{col 69}{space 3} .2494635
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2}-.0172315{col 28}{space 2} .0779414{col 39}{space 1}   -0.22{col 48}{space 3}0.825{col 56}{space 4}-.1699938{col 69}{space 3} .1355309
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_nonchines~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2} .0098158{col 28}{space 2} .0226708{col 39}{space 1}    0.43{col 48}{space 3}0.665{col 56}{space 4}-.0346181{col 69}{space 3} .0542497
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1083428{col 28}{space 2} .0607826{col 39}{space 1}    1.78{col 48}{space 3}0.075{col 56}{space 4}-.0107889{col 69}{space 3} .2274745
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2}-.0011756{col 28}{space 2} .1303855{col 39}{space 1}   -0.01{col 48}{space 3}0.993{col 56}{space 4}-.2567266{col 69}{space 3} .2543753
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0009326{col 28}{space 2} .0061592{col 39}{space 1}    0.15{col 48}{space 3}0.880{col 56}{space 4}-.0111393{col 69}{space 3} .0130045
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0074365{col 28}{space 2} .0044695{col 39}{space 1}   -1.66{col 48}{space 3}0.096{col 56}{space 4}-.0161966{col 69}{space 3} .0013235
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0161284{col 28}{space 2} .0076182{col 39}{space 1}    2.12{col 48}{space 3}0.034{col 56}{space 4}  .001197{col 69}{space 3} .0310598
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0004766{col 28}{space 2} .0021596{col 39}{space 1}    0.22{col 48}{space 3}0.825{col 56}{space 4} -.003756{col 69}{space 3} .0047093
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .4081546{col 28}{space 2} .1708946{col 39}{space 1}    2.39{col 48}{space 3}0.017{col 56}{space 4} .0732073{col 69}{space 3} .7431019
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .1287122{col 28}{space 2} .1046952{col 39}{space 1}    1.23{col 48}{space 3}0.219{col 56}{space 4}-.0764866{col 69}{space 3} .3339111
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2}-.0923909{col 28}{space 2}  .429006{col 39}{space 1}   -0.22{col 48}{space 3}0.829{col 56}{space 4}-.9332272{col 69}{space 3} .7484454
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0432138{col 28}{space 2} .4337444{col 39}{space 1}   -0.10{col 48}{space 3}0.921{col 56}{space 4}-.8933373{col 69}{space 3} .8069097
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.0978045{col 28}{space 2}  .390507{col 39}{space 1}   -0.25{col 48}{space 3}0.802{col 56}{space 4} -.863184{col 69}{space 3} .6675751
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.2897415{col 28}{space 2} .4861539{col 39}{space 1}   -0.60{col 48}{space 3}0.551{col 56}{space 4}-1.242586{col 69}{space 3} .6631026
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.2024692{col 28}{space 2} .4565351{col 39}{space 1}   -0.44{col 48}{space 3}0.657{col 56}{space 4}-1.097262{col 69}{space 3} .6923232
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}-.1406721{col 28}{space 2} .3531775{col 39}{space 1}   -0.40{col 48}{space 3}0.690{col 56}{space 4}-.8328873{col 69}{space 3} .5515431
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .0489269{col 28}{space 2} .3618633{col 39}{space 1}    0.14{col 48}{space 3}0.892{col 56}{space 4}-.6603121{col 69}{space 3}  .758166
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .4524747{col 28}{space 2} .3343142{col 39}{space 1}    1.35{col 48}{space 3}0.176{col 56}{space 4}-.2027692{col 69}{space 3} 1.107719
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} .7744979{col 28}{space 2} .3280469{col 39}{space 1}    2.36{col 48}{space 3}0.018{col 56}{space 4} .1315378{col 69}{space 3} 1.417458
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .4541638{col 28}{space 2} .3378431{col 39}{space 1}    1.34{col 48}{space 3}0.179{col 56}{space 4}-.2079966{col 69}{space 3} 1.116324
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .8816638{col 28}{space 2} .3278525{col 39}{space 1}    2.69{col 48}{space 3}0.007{col 56}{space 4} .2390847{col 69}{space 3} 1.524243
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} .9572848{col 28}{space 2} .3293069{col 39}{space 1}    2.91{col 48}{space 3}0.004{col 56}{space 4} .3118551{col 69}{space 3} 1.602715
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} .8598095{col 28}{space 2} .3302843{col 39}{space 1}    2.60{col 48}{space 3}0.009{col 56}{space 4} .2124641{col 69}{space 3} 1.507155
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.223114{col 28}{space 2} .3307976{col 39}{space 1}    3.70{col 48}{space 3}0.000{col 56}{space 4} .5747625{col 69}{space 3} 1.871465
{txt}{space 9}2015  {c |}{col 16}{res}{space 2}  1.35341{col 28}{space 2}   .32439{col 39}{space 1}    4.17{col 48}{space 3}0.000{col 56}{space 4} .7176178{col 69}{space 3} 1.989203
{txt}{space 9}2016  {c |}{col 16}{res}{space 2}  1.36066{col 28}{space 2}  .328963{col 39}{space 1}    4.14{col 48}{space 3}0.000{col 56}{space 4} .7159046{col 69}{space 3} 2.005416
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.334824{col 28}{space 2} .3287457{col 39}{space 1}    4.06{col 48}{space 3}0.000{col 56}{space 4} .6904945{col 69}{space 3} 1.979154
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} .9396244{col 28}{space 2}  .336797{col 39}{space 1}    2.79{col 48}{space 3}0.005{col 56}{space 4} .2795145{col 69}{space 3} 1.599734
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.234996{col 28}{space 2} .3406606{col 39}{space 1}    3.63{col 48}{space 3}0.000{col 56}{space 4} .5673139{col 69}{space 3} 1.902679
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-5.934386{col 28}{space 2} 1.936493{col 39}{space 1}   -3.06{col 48}{space 3}0.002{col 56}{space 4}-9.729842{col 69}{space 3} -2.13893
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_nonchinese_fdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness  lndist bri_carryover v2x_polyarchy  i.year if developed==0 , fe
{txt}note: 13 groups (13 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-1988.6887}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-1778.7039}  
Iteration 2:{space 3}log likelihood = {res: -1669.545}  (backed up)
Iteration 3:{space 3}log likelihood = {res: -1625.328}  
Iteration 4:{space 3}log likelihood = {res:-1537.3906}  
Iteration 5:{space 3}log likelihood = {res:-1505.7908}  
Iteration 6:{space 3}log likelihood = {res:-1505.2641}  
Iteration 7:{space 3}log likelihood = {res: -1505.264}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       646
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        89

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       7.3
{txt}{col 63}max{col 67}={col 69}{res}        18

{txt}{col 49}Wald chi2({res}30{txt}){col 67}={col 70}{res}   199.73
{txt}Log likelihood  = {res} -1505.264{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_nonchines~1 {c |}{col 16}{res}{space 2} .0126875{col 28}{space 2} .1629121{col 39}{space 1}    0.08{col 48}{space 3}0.938{col 56}{space 4}-.3066144{col 69}{space 3} .3319893
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0520703{col 28}{space 2}  .192998{col 39}{space 1}   -0.27{col 48}{space 3}0.787{col 56}{space 4}-.4303393{col 69}{space 3} .3261988
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_nonchines~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2} .0075495{col 28}{space 2} .0578035{col 39}{space 1}    0.13{col 48}{space 3}0.896{col 56}{space 4}-.1057433{col 69}{space 3} .1208423
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2}  .113657{col 28}{space 2} .0624718{col 39}{space 1}    1.82{col 48}{space 3}0.069{col 56}{space 4}-.0087855{col 69}{space 3} .2360995
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0062537{col 28}{space 2} .1306829{col 39}{space 1}    0.05{col 48}{space 3}0.962{col 56}{space 4}  -.24988{col 69}{space 3} .2623874
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0014268{col 28}{space 2} .0061567{col 39}{space 1}    0.23{col 48}{space 3}0.817{col 56}{space 4}-.0106401{col 69}{space 3} .0134938
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0081413{col 28}{space 2} .0044957{col 39}{space 1}   -1.81{col 48}{space 3}0.070{col 56}{space 4}-.0169527{col 69}{space 3}   .00067
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0164182{col 28}{space 2} .0076232{col 39}{space 1}    2.15{col 48}{space 3}0.031{col 56}{space 4} .0014769{col 69}{space 3} .0313594
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0007011{col 28}{space 2}   .00213{col 39}{space 1}    0.33{col 48}{space 3}0.742{col 56}{space 4}-.0034737{col 69}{space 3} .0048759
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .3710237{col 28}{space 2} .1726655{col 39}{space 1}    2.15{col 48}{space 3}0.032{col 56}{space 4} .0326054{col 69}{space 3} .7094419
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .1248734{col 28}{space 2} .1048641{col 39}{space 1}    1.19{col 48}{space 3}0.234{col 56}{space 4}-.0806565{col 69}{space 3} .3304033
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .1330913{col 28}{space 2} .3689959{col 39}{space 1}    0.36{col 48}{space 3}0.718{col 56}{space 4}-.5901273{col 69}{space 3} .8563099
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0474287{col 28}{space 2} .4331419{col 39}{space 1}   -0.11{col 48}{space 3}0.913{col 56}{space 4}-.8963713{col 69}{space 3} .8015139
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.1038656{col 28}{space 2} .3912036{col 39}{space 1}   -0.27{col 48}{space 3}0.791{col 56}{space 4}-.8706106{col 69}{space 3} .6628794
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.3018292{col 28}{space 2} .4862014{col 39}{space 1}   -0.62{col 48}{space 3}0.535{col 56}{space 4}-1.254767{col 69}{space 3} .6511081
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.1762353{col 28}{space 2} .4565023{col 39}{space 1}   -0.39{col 48}{space 3}0.699{col 56}{space 4}-1.070963{col 69}{space 3} .7184928
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}-.1338209{col 28}{space 2} .3532344{col 39}{space 1}   -0.38{col 48}{space 3}0.705{col 56}{space 4}-.8261477{col 69}{space 3} .5585059
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .0560764{col 28}{space 2} .3616968{col 39}{space 1}    0.16{col 48}{space 3}0.877{col 56}{space 4}-.6528363{col 69}{space 3} .7649891
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .4519457{col 28}{space 2} .3357226{col 39}{space 1}    1.35{col 48}{space 3}0.178{col 56}{space 4}-.2060585{col 69}{space 3}  1.10995
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} .7807389{col 28}{space 2}  .327898{col 39}{space 1}    2.38{col 48}{space 3}0.017{col 56}{space 4} .1380707{col 69}{space 3} 1.423407
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .4472262{col 28}{space 2}  .338405{col 39}{space 1}    1.32{col 48}{space 3}0.186{col 56}{space 4}-.2160354{col 69}{space 3} 1.110488
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .8765855{col 28}{space 2} .3282531{col 39}{space 1}    2.67{col 48}{space 3}0.008{col 56}{space 4} .2332213{col 69}{space 3}  1.51995
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} .9623993{col 28}{space 2} .3290816{col 39}{space 1}    2.92{col 48}{space 3}0.003{col 56}{space 4} .3174113{col 69}{space 3} 1.607387
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} .8626151{col 28}{space 2} .3304657{col 39}{space 1}    2.61{col 48}{space 3}0.009{col 56}{space 4} .2149141{col 69}{space 3} 1.510316
{txt}{space 9}2014  {c |}{col 16}{res}{space 2}  1.22447{col 28}{space 2} .3309679{col 39}{space 1}    3.70{col 48}{space 3}0.000{col 56}{space 4} .5757852{col 69}{space 3} 1.873155
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.352554{col 28}{space 2} .3247374{col 39}{space 1}    4.17{col 48}{space 3}0.000{col 56}{space 4} .7160808{col 69}{space 3} 1.989028
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.372233{col 28}{space 2} .3288103{col 39}{space 1}    4.17{col 48}{space 3}0.000{col 56}{space 4} .7277771{col 69}{space 3}  2.01669
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.338277{col 28}{space 2}   .32916{col 39}{space 1}    4.07{col 48}{space 3}0.000{col 56}{space 4} .6931356{col 69}{space 3} 1.983419
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} .9401125{col 28}{space 2} .3371449{col 39}{space 1}    2.79{col 48}{space 3}0.005{col 56}{space 4} .2793206{col 69}{space 3} 1.600904
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.252971{col 28}{space 2} .3404306{col 39}{space 1}    3.68{col 48}{space 3}0.000{col 56}{space 4} .5857391{col 69}{space 3} 1.920203
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-5.836957{col 28}{space 2} 1.924274{col 39}{space 1}   -3.03{col 48}{space 3}0.002{col 56}{space 4}-9.608464{col 69}{space 3} -2.06545
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est2{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_nonchinese_fdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness   lndist bri_carryover v2x_polyarchy  i.year if developed==0 , fe
{txt}note: 13 groups (13 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res: -2028.896}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-1861.6884}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-1707.7576}  
Iteration 3:{space 3}log likelihood = {res:-1664.8503}  
Iteration 4:{space 3}log likelihood = {res: -1563.285}  
Iteration 5:{space 3}log likelihood = {res:-1527.3594}  
Iteration 6:{space 3}log likelihood = {res:-1505.6545}  
Iteration 7:{space 3}log likelihood = {res:-1505.3723}  
Iteration 8:{space 3}log likelihood = {res:-1505.3722}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       646
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        89

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       7.3
{txt}{col 63}max{col 67}={col 69}{res}        18

{txt}{col 49}Wald chi2({res}30{txt}){col 67}={col 70}{res}   199.27
{txt}Log likelihood  = {res}-1505.3722{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_nonchines~1 {c |}{col 16}{res}{space 2} .0331743{col 28}{space 2}  .161476{col 39}{space 1}    0.21{col 48}{space 3}0.837{col 56}{space 4}-.2833128{col 69}{space 3} .3496614
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.0019309{col 28}{space 2} .2285014{col 39}{space 1}   -0.01{col 48}{space 3}0.993{col 56}{space 4}-.4497854{col 69}{space 3} .4459235
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_nonchines~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.0033873{col 28}{space 2} .0694744{col 39}{space 1}   -0.05{col 48}{space 3}0.961{col 56}{space 4}-.1395545{col 69}{space 3}   .13278
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1070114{col 28}{space 2} .0617659{col 39}{space 1}    1.73{col 48}{space 3}0.083{col 56}{space 4}-.0140475{col 69}{space 3} .2280703
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0162292{col 28}{space 2} .1275208{col 39}{space 1}    0.13{col 48}{space 3}0.899{col 56}{space 4}-.2337071{col 69}{space 3} .2661654
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0014298{col 28}{space 2} .0061924{col 39}{space 1}    0.23{col 48}{space 3}0.817{col 56}{space 4}-.0107071{col 69}{space 3} .0135666
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0080076{col 28}{space 2} .0044538{col 39}{space 1}   -1.80{col 48}{space 3}0.072{col 56}{space 4}-.0167369{col 69}{space 3} .0007217
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0163616{col 28}{space 2} .0076246{col 39}{space 1}    2.15{col 48}{space 3}0.032{col 56}{space 4} .0014178{col 69}{space 3} .0313055
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0007393{col 28}{space 2}  .002137{col 39}{space 1}    0.35{col 48}{space 3}0.729{col 56}{space 4}-.0034491{col 69}{space 3} .0049277
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .3757947{col 28}{space 2} .1704158{col 39}{space 1}    2.21{col 48}{space 3}0.027{col 56}{space 4} .0417858{col 69}{space 3} .7098036
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .1252513{col 28}{space 2} .1050571{col 39}{space 1}    1.19{col 48}{space 3}0.233{col 56}{space 4}-.0806569{col 69}{space 3} .3311595
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2}  .098105{col 28}{space 2} .4177739{col 39}{space 1}    0.23{col 48}{space 3}0.814{col 56}{space 4}-.7207168{col 69}{space 3} .9169268
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0421662{col 28}{space 2} .4330203{col 39}{space 1}   -0.10{col 48}{space 3}0.922{col 56}{space 4}-.8908703{col 69}{space 3}  .806538
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.1013448{col 28}{space 2} .3910136{col 39}{space 1}   -0.26{col 48}{space 3}0.795{col 56}{space 4}-.8677174{col 69}{space 3} .6650278
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.2921684{col 28}{space 2} .4868825{col 39}{space 1}   -0.60{col 48}{space 3}0.548{col 56}{space 4}-1.246441{col 69}{space 3} .6621038
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.1755146{col 28}{space 2} .4575989{col 39}{space 1}   -0.38{col 48}{space 3}0.701{col 56}{space 4}-1.072392{col 69}{space 3} .7213627
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}-.1280927{col 28}{space 2}  .353594{col 39}{space 1}   -0.36{col 48}{space 3}0.717{col 56}{space 4}-.8211242{col 69}{space 3} .5649389
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .0543798{col 28}{space 2} .3618771{col 39}{space 1}    0.15{col 48}{space 3}0.881{col 56}{space 4}-.6548864{col 69}{space 3}  .763646
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .4616391{col 28}{space 2}  .335662{col 39}{space 1}    1.38{col 48}{space 3}0.169{col 56}{space 4}-.1962463{col 69}{space 3} 1.119524
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} .7854116{col 28}{space 2} .3281845{col 39}{space 1}    2.39{col 48}{space 3}0.017{col 56}{space 4} .1421819{col 69}{space 3} 1.428641
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .4553236{col 28}{space 2} .3383717{col 39}{space 1}    1.35{col 48}{space 3}0.178{col 56}{space 4}-.2078727{col 69}{space 3}  1.11852
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .8816223{col 28}{space 2} .3281821{col 39}{space 1}    2.69{col 48}{space 3}0.007{col 56}{space 4} .2383972{col 69}{space 3} 1.524847
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} .9633185{col 28}{space 2} .3291774{col 39}{space 1}    2.93{col 48}{space 3}0.003{col 56}{space 4} .3181426{col 69}{space 3} 1.608494
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} .8672615{col 28}{space 2} .3306853{col 39}{space 1}    2.62{col 48}{space 3}0.009{col 56}{space 4} .2191302{col 69}{space 3} 1.515393
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.228978{col 28}{space 2} .3311192{col 39}{space 1}    3.71{col 48}{space 3}0.000{col 56}{space 4} .5799964{col 69}{space 3}  1.87796
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.356341{col 28}{space 2} .3247414{col 39}{space 1}    4.18{col 48}{space 3}0.000{col 56}{space 4} .7198592{col 69}{space 3} 1.992822
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.372985{col 28}{space 2} .3290912{col 39}{space 1}    4.17{col 48}{space 3}0.000{col 56}{space 4} .7279781{col 69}{space 3} 2.017992
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.341732{col 28}{space 2} .3293105{col 39}{space 1}    4.07{col 48}{space 3}0.000{col 56}{space 4} .6962954{col 69}{space 3} 1.987169
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} .9440706{col 28}{space 2} .3372148{col 39}{space 1}    2.80{col 48}{space 3}0.005{col 56}{space 4} .2831417{col 69}{space 3}    1.605
{txt}{space 9}2019  {c |}{col 16}{res}{space 2}  1.25401{col 28}{space 2} .3409149{col 39}{space 1}    3.68{col 48}{space 3}0.000{col 56}{space 4} .5858296{col 69}{space 3} 1.922191
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-5.913793{col 28}{space 2} 1.918826{col 39}{space 1}   -3.08{col 48}{space 3}0.002{col 56}{space 4}-9.674623{col 69}{space 3}-2.152963
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est3{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_ofdi_stock_gdp_L1##c.polcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness  lndist bri_carryover v2x_polyarchy   i.year if developed==0 , fe
{txt}note: 13 groups (13 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2037.5643}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-1720.6924}  
Iteration 2:{space 3}log likelihood = {res:-1579.2508}  
Iteration 3:{space 3}log likelihood = {res:-1511.9352}  
Iteration 4:{space 3}log likelihood = {res:-1505.4004}  
Iteration 5:{space 3}log likelihood = {res:-1505.1802}  
Iteration 6:{space 3}log likelihood = {res:-1505.1794}  
Iteration 7:{space 3}log likelihood = {res:-1505.1794}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       646
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        89

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       7.3
{txt}{col 63}max{col 67}={col 69}{res}        18

{txt}{col 49}Wald chi2({res}30{txt}){col 67}={col 70}{res}   199.20
{txt}Log likelihood  = {res}-1505.1794{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_ofdi_stoc~1 {c |}{col 16}{res}{space 2} .0238088{col 28}{space 2} .7180929{col 39}{space 1}    0.03{col 48}{space 3}0.974{col 56}{space 4}-1.383627{col 69}{space 3} 1.431245
{txt}{space 5}polcompL1 {c |}{col 16}{res}{space 2} .0076142{col 28}{space 2} .0389536{col 39}{space 1}    0.20{col 48}{space 3}0.845{col 56}{space 4}-.0687335{col 69}{space 3} .0839619
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_ofdi_stoc~1#{c |}
{space 3}c.polcompL1 {c |}{col 16}{res}{space 2} .0252602{col 28}{space 2} .1023155{col 39}{space 1}    0.25{col 48}{space 3}0.805{col 56}{space 4}-.1752745{col 69}{space 3} .2257949
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1093509{col 28}{space 2} .0618617{col 39}{space 1}    1.77{col 48}{space 3}0.077{col 56}{space 4}-.0118958{col 69}{space 3} .2305975
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0085909{col 28}{space 2} .1272535{col 39}{space 1}    0.07{col 48}{space 3}0.946{col 56}{space 4}-.2408214{col 69}{space 3} .2580032
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0006289{col 28}{space 2} .0061853{col 39}{space 1}    0.10{col 48}{space 3}0.919{col 56}{space 4}-.0114941{col 69}{space 3} .0127518
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0073771{col 28}{space 2} .0045486{col 39}{space 1}   -1.62{col 48}{space 3}0.105{col 56}{space 4}-.0162921{col 69}{space 3} .0015379
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0162424{col 28}{space 2} .0076544{col 39}{space 1}    2.12{col 48}{space 3}0.034{col 56}{space 4}   .00124{col 69}{space 3} .0312447
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0005217{col 28}{space 2} .0021237{col 39}{space 1}    0.25{col 48}{space 3}0.806{col 56}{space 4}-.0036406{col 69}{space 3} .0046841
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .4226269{col 28}{space 2} .1781454{col 39}{space 1}    2.37{col 48}{space 3}0.018{col 56}{space 4} .0734684{col 69}{space 3} .7717855
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .1236644{col 28}{space 2} .1048557{col 39}{space 1}    1.18{col 48}{space 3}0.238{col 56}{space 4} -.081849{col 69}{space 3} .3291778
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2}-.0958958{col 28}{space 2} .4309601{col 39}{space 1}   -0.22{col 48}{space 3}0.824{col 56}{space 4}-.9405621{col 69}{space 3} .7487705
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0430717{col 28}{space 2} .4333398{col 39}{space 1}   -0.10{col 48}{space 3}0.921{col 56}{space 4} -.892402{col 69}{space 3} .8062586
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.1018119{col 28}{space 2} .3906775{col 39}{space 1}   -0.26{col 48}{space 3}0.794{col 56}{space 4}-.8675258{col 69}{space 3} .6639019
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.2884319{col 28}{space 2}  .485969{col 39}{space 1}   -0.59{col 48}{space 3}0.553{col 56}{space 4}-1.240914{col 69}{space 3} .6640498
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.1967762{col 28}{space 2}  .456173{col 39}{space 1}   -0.43{col 48}{space 3}0.666{col 56}{space 4}-1.090859{col 69}{space 3} .6973065
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}-.1388982{col 28}{space 2} .3530795{col 39}{space 1}   -0.39{col 48}{space 3}0.694{col 56}{space 4}-.8309213{col 69}{space 3}  .553125
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .0434037{col 28}{space 2} .3618126{col 39}{space 1}    0.12{col 48}{space 3}0.905{col 56}{space 4}-.6657359{col 69}{space 3} .7525434
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .4538701{col 28}{space 2} .3339435{col 39}{space 1}    1.36{col 48}{space 3}0.174{col 56}{space 4}-.2006471{col 69}{space 3} 1.108387
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} .7719385{col 28}{space 2} .3280727{col 39}{space 1}    2.35{col 48}{space 3}0.019{col 56}{space 4} .1289279{col 69}{space 3} 1.414949
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .4500979{col 28}{space 2} .3373369{col 39}{space 1}    1.33{col 48}{space 3}0.182{col 56}{space 4}-.2110703{col 69}{space 3} 1.111266
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .8758342{col 28}{space 2}  .327455{col 39}{space 1}    2.67{col 48}{space 3}0.007{col 56}{space 4} .2340342{col 69}{space 3} 1.517634
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} .9505491{col 28}{space 2} .3288605{col 39}{space 1}    2.89{col 48}{space 3}0.004{col 56}{space 4} .3059944{col 69}{space 3} 1.595104
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} .8526042{col 28}{space 2} .3303191{col 39}{space 1}    2.58{col 48}{space 3}0.010{col 56}{space 4} .2051906{col 69}{space 3} 1.500018
{txt}{space 9}2014  {c |}{col 16}{res}{space 2}  1.21464{col 28}{space 2} .3309851{col 39}{space 1}    3.67{col 48}{space 3}0.000{col 56}{space 4} .5659208{col 69}{space 3} 1.863359
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.345588{col 28}{space 2} .3249835{col 39}{space 1}    4.14{col 48}{space 3}0.000{col 56}{space 4} .7086322{col 69}{space 3} 1.982544
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.351974{col 28}{space 2} .3295415{col 39}{space 1}    4.10{col 48}{space 3}0.000{col 56}{space 4} .7060848{col 69}{space 3} 1.997864
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.323788{col 28}{space 2} .3303866{col 39}{space 1}    4.01{col 48}{space 3}0.000{col 56}{space 4} .6762418{col 69}{space 3} 1.971334
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} .9292656{col 28}{space 2} .3378531{col 39}{space 1}    2.75{col 48}{space 3}0.006{col 56}{space 4} .2670857{col 69}{space 3} 1.591446
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.226484{col 28}{space 2} .3415834{col 39}{space 1}    3.59{col 48}{space 3}0.000{col 56}{space 4} .5569931{col 69}{space 3} 1.895975
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-6.241999{col 28}{space 2} 2.011098{col 39}{space 1}   -3.10{col 48}{space 3}0.002{col 56}{space 4}-10.18368{col 69}{space 3} -2.30032
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est4{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_ofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness  lndist bri_carryover v2x_polyarchy  i.year if developed==0 , fe
{txt}note: 13 groups (13 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2021.5443}  (not concave)
Iteration 1:{space 3}log likelihood = {res: -1702.103}  
Iteration 2:{space 3}log likelihood = {res:-1580.0075}  
Iteration 3:{space 3}log likelihood = {res:-1512.1124}  
Iteration 4:{space 3}log likelihood = {res: -1505.401}  
Iteration 5:{space 3}log likelihood = {res:-1505.1974}  
Iteration 6:{space 3}log likelihood = {res:-1505.1973}  
Iteration 7:{space 3}log likelihood = {res:-1505.1973}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       646
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        89

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       7.3
{txt}{col 63}max{col 67}={col 69}{res}        18

{txt}{col 49}Wald chi2({res}30{txt}){col 67}={col 70}{res}   199.34
{txt}Log likelihood  = {res}-1505.1973{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_ofdi_stoc~1 {c |}{col 16}{res}{space 2} .0477258{col 28}{space 2} .8378629{col 39}{space 1}    0.06{col 48}{space 3}0.955{col 56}{space 4}-1.594455{col 69}{space 3} 1.689907
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0408648{col 28}{space 2} .0860903{col 39}{space 1}   -0.47{col 48}{space 3}0.635{col 56}{space 4}-.2095988{col 69}{space 3} .1278691
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_ofdi_stoc~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2} .0512197{col 28}{space 2} .2517633{col 39}{space 1}    0.20{col 48}{space 3}0.839{col 56}{space 4}-.4422272{col 69}{space 3} .5446666
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1186185{col 28}{space 2} .0627426{col 39}{space 1}    1.89{col 48}{space 3}0.059{col 56}{space 4}-.0043547{col 69}{space 3} .2415916
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0014723{col 28}{space 2}  .127531{col 39}{space 1}    0.01{col 48}{space 3}0.991{col 56}{space 4} -.248484{col 69}{space 3} .2514285
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0011049{col 28}{space 2} .0061737{col 39}{space 1}    0.18{col 48}{space 3}0.858{col 56}{space 4}-.0109952{col 69}{space 3} .0132051
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0079369{col 28}{space 2} .0045891{col 39}{space 1}   -1.73{col 48}{space 3}0.084{col 56}{space 4}-.0169314{col 69}{space 3} .0010575
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0163846{col 28}{space 2} .0076609{col 39}{space 1}    2.14{col 48}{space 3}0.032{col 56}{space 4} .0013695{col 69}{space 3} .0313997
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}  .000739{col 28}{space 2} .0020996{col 39}{space 1}    0.35{col 48}{space 3}0.725{col 56}{space 4}-.0033762{col 69}{space 3} .0048541
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .3945384{col 28}{space 2} .1824918{col 39}{space 1}    2.16{col 48}{space 3}0.031{col 56}{space 4} .0368611{col 69}{space 3} .7522157
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .1208832{col 28}{space 2} .1051668{col 39}{space 1}    1.15{col 48}{space 3}0.250{col 56}{space 4}-.0852399{col 69}{space 3} .3270064
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .1241762{col 28}{space 2} .3727295{col 39}{space 1}    0.33{col 48}{space 3}0.739{col 56}{space 4}-.6063601{col 69}{space 3} .8547126
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0548818{col 28}{space 2} .4331962{col 39}{space 1}   -0.13{col 48}{space 3}0.899{col 56}{space 4}-.9039307{col 69}{space 3} .7941671
{txt}{space 9}2003  {c |}{col 16}{res}{space 2}-.1069266{col 28}{space 2} .3913741{col 39}{space 1}   -0.27{col 48}{space 3}0.785{col 56}{space 4}-.8740057{col 69}{space 3} .6601524
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.3085282{col 28}{space 2} .4863135{col 39}{space 1}   -0.63{col 48}{space 3}0.526{col 56}{space 4}-1.261685{col 69}{space 3} .6446287
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.1778205{col 28}{space 2}  .456327{col 39}{space 1}   -0.39{col 48}{space 3}0.697{col 56}{space 4}-1.072205{col 69}{space 3}  .716564
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} -.136321{col 28}{space 2} .3531645{col 39}{space 1}   -0.39{col 48}{space 3}0.699{col 56}{space 4}-.8285107{col 69}{space 3} .5558687
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .0536721{col 28}{space 2} .3615195{col 39}{space 1}    0.15{col 48}{space 3}0.882{col 56}{space 4}-.6548932{col 69}{space 3} .7622374
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .4513176{col 28}{space 2} .3344376{col 39}{space 1}    1.35{col 48}{space 3}0.177{col 56}{space 4}-.2041681{col 69}{space 3} 1.106803
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} .7783009{col 28}{space 2} .3279674{col 39}{space 1}    2.37{col 48}{space 3}0.018{col 56}{space 4} .1354965{col 69}{space 3} 1.421105
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .4452313{col 28}{space 2} .3376881{col 39}{space 1}    1.32{col 48}{space 3}0.187{col 56}{space 4}-.2166253{col 69}{space 3} 1.107088
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .8743393{col 28}{space 2} .3276902{col 39}{space 1}    2.67{col 48}{space 3}0.008{col 56}{space 4} .2320782{col 69}{space 3}   1.5166
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} .9595759{col 28}{space 2} .3285653{col 39}{space 1}    2.92{col 48}{space 3}0.003{col 56}{space 4} .3155997{col 69}{space 3} 1.603552
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} .8574192{col 28}{space 2} .3302595{col 39}{space 1}    2.60{col 48}{space 3}0.009{col 56}{space 4} .2101224{col 69}{space 3} 1.504716
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.218202{col 28}{space 2} .3309769{col 39}{space 1}    3.68{col 48}{space 3}0.000{col 56}{space 4} .5694989{col 69}{space 3} 1.866905
{txt}{space 9}2015  {c |}{col 16}{res}{space 2}  1.34589{col 28}{space 2}  .325185{col 39}{space 1}    4.14{col 48}{space 3}0.000{col 56}{space 4} .7085388{col 69}{space 3} 1.983241
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.364796{col 28}{space 2} .3292533{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .7194715{col 69}{space 3} 2.010121
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.328001{col 28}{space 2} .3305347{col 39}{space 1}    4.02{col 48}{space 3}0.000{col 56}{space 4} .6801649{col 69}{space 3} 1.975837
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} .9318605{col 28}{space 2} .3381025{col 39}{space 1}    2.76{col 48}{space 3}0.006{col 56}{space 4} .2691918{col 69}{space 3} 1.594529
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.243624{col 28}{space 2} .3412017{col 39}{space 1}    3.64{col 48}{space 3}0.000{col 56}{space 4} .5748812{col 69}{space 3} 1.912367
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-6.097562{col 28}{space 2} 2.042028{col 39}{space 1}   -2.99{col 48}{space 3}0.003{col 56}{space 4}-10.09986{col 69}{space 3} -2.09526
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est5{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_ofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity  NaturalResources tradeopenness  lndist bri_carryover v2x_polyarchy  i.year if developed==0 , fe
{txt}note: 13 groups (13 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-2034.4821}  (not concave)
Iteration 1:{space 3}log likelihood = {res: -1693.742}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-1600.2154}  
Iteration 3:{space 3}log likelihood = {res: -1549.646}  
Iteration 4:{space 3}log likelihood = {res:-1506.7191}  
Iteration 5:{space 3}log likelihood = {res: -1505.299}  
Iteration 6:{space 3}log likelihood = {res:-1505.2923}  
Iteration 7:{space 3}log likelihood = {res:-1505.2923}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       646
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        89

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       7.3
{txt}{col 63}max{col 67}={col 69}{res}        18

{txt}{col 49}Wald chi2({res}30{txt}){col 67}={col 70}{res}   199.02
{txt}Log likelihood  = {res}-1505.2923{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_ofdi_stoc~1 {c |}{col 16}{res}{space 2} .3348422{col 28}{space 2} .7773886{col 39}{space 1}    0.43{col 48}{space 3}0.667{col 56}{space 4}-1.188811{col 69}{space 3} 1.858496
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2} .0028545{col 28}{space 2} .1033568{col 39}{space 1}    0.03{col 48}{space 3}0.978{col 56}{space 4} -.199721{col 69}{space 3} .2054301
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_ofdi_stoc~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.0671667{col 28}{space 2} .2975034{col 39}{space 1}   -0.23{col 48}{space 3}0.821{col 56}{space 4}-.6502627{col 69}{space 3} .5159292
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1081588{col 28}{space 2} .0624834{col 39}{space 1}    1.73{col 48}{space 3}0.083{col 56}{space 4}-.0143064{col 69}{space 3}  .230624
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0211809{col 28}{space 2} .1249437{col 39}{space 1}    0.17{col 48}{space 3}0.865{col 56}{space 4}-.2237043{col 69}{space 3}  .266066
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0014117{col 28}{space 2} .0062558{col 39}{space 1}    0.23{col 48}{space 3}0.821{col 56}{space 4}-.0108494{col 69}{space 3} .0136727
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0081978{col 28}{space 2} .0045714{col 39}{space 1}   -1.79{col 48}{space 3}0.073{col 56}{space 4}-.0171576{col 69}{space 3}  .000762
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0165314{col 28}{space 2} .0076557{col 39}{space 1}    2.16{col 48}{space 3}0.031{col 56}{space 4} .0015264{col 69}{space 3} .0315363
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0007116{col 28}{space 2} .0021062{col 39}{space 1}    0.34{col 48}{space 3}0.735{col 56}{space 4}-.0034165{col 69}{space 3} .0048397
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .3758291{col 28}{space 2} .1804636{col 39}{space 1}    2.08{col 48}{space 3}0.037{col 56}{space 4} .0221268{col 69}{space 3} .7295313
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .1231514{col 28}{space 2} .1052332{col 39}{space 1}    1.17{col 48}{space 3}0.242{col 56}{space 4}-.0831018{col 69}{space 3} .3294046
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .1141575{col 28}{space 2} .4215175{col 39}{space 1}    0.27{col 48}{space 3}0.787{col 56}{space 4}-.7120016{col 69}{space 3} .9403166
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2002  {c |}{col 16}{res}{space 2}-.0440902{col 28}{space 2} .4327962{col 39}{space 1}   -0.10{col 48}{space 3}0.919{col 56}{space 4}-.8923552{col 69}{space 3} .8041749
{txt}{space 9}2003  {c |}{col 16}{res}{space 2} -.106022{col 28}{space 2} .3911622{col 39}{space 1}   -0.27{col 48}{space 3}0.786{col 56}{space 4}-.8726857{col 69}{space 3} .6606418
{txt}{space 9}2004  {c |}{col 16}{res}{space 2}-.2928851{col 28}{space 2} .4865065{col 39}{space 1}   -0.60{col 48}{space 3}0.547{col 56}{space 4} -1.24642{col 69}{space 3} .6606502
{txt}{space 9}2005  {c |}{col 16}{res}{space 2}-.1743369{col 28}{space 2}  .456429{col 39}{space 1}   -0.38{col 48}{space 3}0.702{col 56}{space 4}-1.068921{col 69}{space 3} .7202475
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}-.1272219{col 28}{space 2} .3531048{col 39}{space 1}   -0.36{col 48}{space 3}0.719{col 56}{space 4}-.8192946{col 69}{space 3} .5648508
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .0523732{col 28}{space 2} .3617267{col 39}{space 1}    0.14{col 48}{space 3}0.885{col 56}{space 4} -.656598{col 69}{space 3} .7613444
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .4612547{col 28}{space 2}  .334239{col 39}{space 1}    1.38{col 48}{space 3}0.168{col 56}{space 4}-.1938417{col 69}{space 3} 1.116351
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} .7861189{col 28}{space 2} .3279523{col 39}{space 1}    2.40{col 48}{space 3}0.017{col 56}{space 4} .1433442{col 69}{space 3} 1.428894
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .4540509{col 28}{space 2} .3375602{col 39}{space 1}    1.35{col 48}{space 3}0.179{col 56}{space 4}-.2075549{col 69}{space 3} 1.115657
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .8761797{col 28}{space 2} .3275345{col 39}{space 1}    2.68{col 48}{space 3}0.007{col 56}{space 4}  .234224{col 69}{space 3} 1.518136
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} .9606569{col 28}{space 2} .3286293{col 39}{space 1}    2.92{col 48}{space 3}0.003{col 56}{space 4} .3165553{col 69}{space 3} 1.604759
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} .8635429{col 28}{space 2} .3303738{col 39}{space 1}    2.61{col 48}{space 3}0.009{col 56}{space 4} .2160221{col 69}{space 3} 1.511064
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.225104{col 28}{space 2} .3310673{col 39}{space 1}    3.70{col 48}{space 3}0.000{col 56}{space 4} .5762239{col 69}{space 3} 1.873984
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.350209{col 28}{space 2} .3250919{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .7130405{col 69}{space 3} 1.987377
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.367414{col 28}{space 2} .3293744{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .7218518{col 69}{space 3} 2.012976
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.332513{col 28}{space 2}  .330643{col 39}{space 1}    4.03{col 48}{space 3}0.000{col 56}{space 4} .6844648{col 69}{space 3} 1.980562
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} .9350332{col 28}{space 2} .3381003{col 39}{space 1}    2.77{col 48}{space 3}0.006{col 56}{space 4} .2723688{col 69}{space 3} 1.597698
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.247919{col 28}{space 2} .3415996{col 39}{space 1}    3.65{col 48}{space 3}0.000{col 56}{space 4} .5783963{col 69}{space 3} 1.917442
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-5.945308{col 28}{space 2} 2.037954{col 39}{space 1}   -2.92{col 48}{space 3}0.004{col 56}{space 4}-9.939625{col 69}{space 3}-1.950991
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est6{txt} stored)

{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. *summary statistics*
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. sutex2  eventcount   ln_cofdi_stock_gdp ChinaTradeOpenness OFa_all_gdp_ln polcomp parcomp avgcomp  lngdp   lngdppc urban_pop electricity  NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy if eventcount~=., minmax varlabels
%------- Begin LaTeX code -------%
\begin{table}[htbp]\centering \caption{Summary statistics\label{sumstat}}
\begin{tabular}{l c c c c c }\hline\hline
\multicolumn{1}{c}{Variable} & Obs & Mean & Std. Dev.
 & Min & Max  \\ \hline
Anti-China Protest & 1336 & 15.814 & 45.156 & 1 & 646  \\
Chinese FDI stock (in log) & 1066 & .527 & .726 & 0 & 4.177  \\
China Trade Openness ($\backslash$\%) & 1133 & 6.625 & 7.298 & .175 & 63.135  \\
China Foreign Aid (in log) & 599 & .515 & .693 & 0 & 4.661  \\
polcomp & 1089 & 7.164 & 2.988 & 1 & 10  \\
Competitiveness of Pol. Participation & 1103 & 3.52 & 1.37 & 0 & 5  \\
avgcomp & 1103 & 2.867 & 1.105 & 0 & 4  \\
GDP (in log) & 1325 & 25.437 & 2.173 & 19.02 & 30.693  \\
GDP per capita (in log, current US\symbol{36}) & 1325 & 8.85 & 1.579 & 4.792 & 12.152  \\
Urban population ($\backslash$\% of total population) & 1335 & 61.103 & 23.594 & 12.078 & 100  \\
Access to electricity ($\backslash$\% of population) & 1335 & 85.636 & 24.609 & 3 & 100  \\
Natural resources rents ($\backslash$\% of GDP) & 1325 & 6.256 & 9.844 & 0 & 66.653  \\
Trade ($\backslash$\% of GDP)  & 1243 & 80.902 & 49.792 & 1.219 & 394.288  \\
Other FDI Stock (in log) & 1257 & 3.391 & .938 & 0 & 7.584  \\
Distance to China (in log) & 1317 & 8.833 & .572 & 6.863 & 9.868  \\
BRI participation & 1336 & .146 & .353 & 0 & 1  \\
Electoral democracy index & 1269 & .562 & .273 & .016 & .926  \\
\hline
\end{tabular}
\end{table}
%------- End LaTeX code -------%
{txt}
{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. * Table A2. Competitiveness of Political Participation (parcomp), Chinese FDI and Anti-China Protest.
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo clear
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3134.1873}  
Iteration 1:{space 3}log likelihood = {res:-2627.3832}  
Iteration 2:{space 3}log likelihood = {res:-2546.7698}  
Iteration 3:{space 3}log likelihood = {res:-2543.3794}  
Iteration 4:{space 3}log likelihood = {res:-2543.3659}  
Iteration 5:{space 3}log likelihood = {res:-2543.3659}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,029
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}18{txt}){col 67}={col 70}{res}   285.77
{txt}Log likelihood  = {res}-2543.3659{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3043918{col 28}{space 2} .1408944{col 39}{space 1}    2.16{col 48}{space 3}0.031{col 56}{space 4} .0282439{col 69}{space 3} .5805397
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2} .0819543{col 28}{space 2} .0426712{col 39}{space 1}    1.92{col 48}{space 3}0.055{col 56}{space 4}-.0016798{col 69}{space 3} .1655884
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0764013{col 28}{space 2} .0364596{col 39}{space 1}   -2.10{col 48}{space 3}0.036{col 56}{space 4}-.1478609{col 69}{space 3}-.0049417
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0267697{col 28}{space 2}  .295145{col 39}{space 1}   -0.09{col 48}{space 3}0.928{col 56}{space 4}-.6052433{col 69}{space 3} .5517039
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0806728{col 28}{space 2} .2582703{col 39}{space 1}    0.31{col 48}{space 3}0.755{col 56}{space 4}-.4255276{col 69}{space 3} .5868733
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3708249{col 28}{space 2} .2512584{col 39}{space 1}    1.48{col 48}{space 3}0.140{col 56}{space 4}-.1216325{col 69}{space 3} .8632824
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.014855{col 28}{space 2} .2301597{col 39}{space 1}    4.41{col 48}{space 3}0.000{col 56}{space 4} .5637501{col 69}{space 3}  1.46596
{txt}{space 9}2009  {c |}{col 16}{res}{space 2}  1.21651{col 28}{space 2} .2249801{col 39}{space 1}    5.41{col 48}{space 3}0.000{col 56}{space 4} .7755568{col 69}{space 3} 1.657463
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6976217{col 28}{space 2} .2340783{col 39}{space 1}    2.98{col 48}{space 3}0.003{col 56}{space 4} .2388366{col 69}{space 3} 1.156407
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.134141{col 28}{space 2} .2254185{col 39}{space 1}    5.03{col 48}{space 3}0.000{col 56}{space 4} .6923286{col 69}{space 3} 1.575953
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.391445{col 28}{space 2} .2233254{col 39}{space 1}    6.23{col 48}{space 3}0.000{col 56}{space 4} .9537349{col 69}{space 3} 1.829155
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.131186{col 28}{space 2} .2267439{col 39}{space 1}    4.99{col 48}{space 3}0.000{col 56}{space 4} .6867758{col 69}{space 3} 1.575596
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.571347{col 28}{space 2} .2225384{col 39}{space 1}    7.06{col 48}{space 3}0.000{col 56}{space 4}  1.13518{col 69}{space 3} 2.007514
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.491505{col 28}{space 2} .2243178{col 39}{space 1}    6.65{col 48}{space 3}0.000{col 56}{space 4}  1.05185{col 69}{space 3} 1.931159
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.624429{col 28}{space 2} .2238096{col 39}{space 1}    7.26{col 48}{space 3}0.000{col 56}{space 4}  1.18577{col 69}{space 3} 2.063087
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.483215{col 28}{space 2} .2260109{col 39}{space 1}    6.56{col 48}{space 3}0.000{col 56}{space 4} 1.040241{col 69}{space 3} 1.926188
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.181107{col 28}{space 2} .2289204{col 39}{space 1}    5.16{col 48}{space 3}0.000{col 56}{space 4} .7324316{col 69}{space 3} 1.629783
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.612655{col 28}{space 2}  .225911{col 39}{space 1}    7.14{col 48}{space 3}0.000{col 56}{space 4} 1.169877{col 69}{space 3} 2.055432
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-.6018077{col 28}{space 2} .2627874{col 39}{space 1}   -2.29{col 48}{space 3}0.022{col 56}{space 4}-1.116861{col 69}{space 3}-.0867539
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3269.8091}  
Iteration 1:{space 3}log likelihood = {res:-2774.2915}  
Iteration 2:{space 3}log likelihood = {res:-2549.7347}  
Iteration 3:{space 3}log likelihood = {res:-2523.7147}  
Iteration 4:{space 3}log likelihood = {res:-2523.5535}  
Iteration 5:{space 3}log likelihood = {res:-2523.5534}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,028
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}23{txt}){col 67}={col 70}{res}   335.27
{txt}Log likelihood  = {res}-2523.5534{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3403945{col 28}{space 2} .1456558{col 39}{space 1}    2.34{col 48}{space 3}0.019{col 56}{space 4} .0549143{col 69}{space 3} .6258747
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0309612{col 28}{space 2} .0495117{col 39}{space 1}   -0.63{col 48}{space 3}0.532{col 56}{space 4}-.1280024{col 69}{space 3}   .06608
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0566569{col 28}{space 2} .0391306{col 39}{space 1}   -1.45{col 48}{space 3}0.148{col 56}{space 4}-.1333514{col 69}{space 3} .0200377
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0527752{col 28}{space 2} .0537235{col 39}{space 1}    0.98{col 48}{space 3}0.326{col 56}{space 4}-.0525209{col 69}{space 3} .1580714
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1123413{col 28}{space 2} .0901733{col 39}{space 1}    1.25{col 48}{space 3}0.213{col 56}{space 4}-.0643951{col 69}{space 3} .2890776
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2}  .010567{col 28}{space 2} .0048515{col 39}{space 1}    2.18{col 48}{space 3}0.029{col 56}{space 4} .0010583{col 69}{space 3} .0200758
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0138785{col 28}{space 2} .0037359{col 39}{space 1}   -3.71{col 48}{space 3}0.000{col 56}{space 4}-.0212007{col 69}{space 3}-.0065563
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0039885{col 28}{space 2} .0061233{col 39}{space 1}    0.65{col 48}{space 3}0.515{col 56}{space 4} -.008013{col 69}{space 3}   .01599
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0579805{col 28}{space 2} .2891788{col 39}{space 1}   -0.20{col 48}{space 3}0.841{col 56}{space 4}-.6247605{col 69}{space 3} .5087995
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0514361{col 28}{space 2} .2546551{col 39}{space 1}    0.20{col 48}{space 3}0.840{col 56}{space 4}-.4476787{col 69}{space 3} .5505508
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3488042{col 28}{space 2} .2457004{col 39}{space 1}    1.42{col 48}{space 3}0.156{col 56}{space 4}-.1327598{col 69}{space 3} .8303681
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9427409{col 28}{space 2} .2271736{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .4974888{col 69}{space 3} 1.387993
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.159479{col 28}{space 2} .2212176{col 39}{space 1}    5.24{col 48}{space 3}0.000{col 56}{space 4} .7259002{col 69}{space 3} 1.593057
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6335862{col 28}{space 2} .2303126{col 39}{space 1}    2.75{col 48}{space 3}0.006{col 56}{space 4} .1821818{col 69}{space 3} 1.084991
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.017172{col 28}{space 2} .2235161{col 39}{space 1}    4.55{col 48}{space 3}0.000{col 56}{space 4}  .579089{col 69}{space 3} 1.455256
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.311668{col 28}{space 2} .2209464{col 39}{space 1}    5.94{col 48}{space 3}0.000{col 56}{space 4} .8786206{col 69}{space 3} 1.744715
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.026159{col 28}{space 2} .2247825{col 39}{space 1}    4.57{col 48}{space 3}0.000{col 56}{space 4} .5855929{col 69}{space 3} 1.466724
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.472055{col 28}{space 2} .2204406{col 39}{space 1}    6.68{col 48}{space 3}0.000{col 56}{space 4} 1.039999{col 69}{space 3} 1.904111
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.431613{col 28}{space 2} .2210413{col 39}{space 1}    6.48{col 48}{space 3}0.000{col 56}{space 4} .9983798{col 69}{space 3} 1.864846
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.559176{col 28}{space 2} .2212539{col 39}{space 1}    7.05{col 48}{space 3}0.000{col 56}{space 4} 1.125527{col 69}{space 3} 1.992826
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.375925{col 28}{space 2} .2245158{col 39}{space 1}    6.13{col 48}{space 3}0.000{col 56}{space 4} .9358818{col 69}{space 3} 1.815967
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.081052{col 28}{space 2} .2270291{col 39}{space 1}    4.76{col 48}{space 3}0.000{col 56}{space 4} .6360832{col 69}{space 3} 1.526021
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.564155{col 28}{space 2} .2230468{col 39}{space 1}    7.01{col 48}{space 3}0.000{col 56}{space 4} 1.126991{col 69}{space 3} 2.001318
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2} -1.92513{col 28}{space 2} 1.062735{col 39}{space 1}   -1.81{col 48}{space 3}0.070{col 56}{space 4}-4.008052{col 69}{space 3} .1577917
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est2{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp  i.year , fe
{txt}note: 10 groups (10 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3060.0557}  
Iteration 1:{space 3}log likelihood = {res:-2925.3229}  
Iteration 2:{space 3}log likelihood = {res:-2543.0397}  
Iteration 3:{space 3}log likelihood = {res: -2362.679}  
Iteration 4:{space 3}log likelihood = {res:-2349.6365}  
Iteration 5:{space 3}log likelihood = {res:-2349.5118}  
Iteration 6:{space 3}log likelihood = {res:-2349.5118}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}25{txt}){col 67}={col 70}{res}   314.53
{txt}Log likelihood  = {res}-2349.5118{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4082141{col 28}{space 2} .1603421{col 39}{space 1}    2.55{col 48}{space 3}0.011{col 56}{space 4} .0939494{col 69}{space 3} .7224788
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0257994{col 28}{space 2} .0520528{col 39}{space 1}   -0.50{col 48}{space 3}0.620{col 56}{space 4}-.1278211{col 69}{space 3} .0762223
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0797408{col 28}{space 2} .0423979{col 39}{space 1}   -1.88{col 48}{space 3}0.060{col 56}{space 4}-.1628392{col 69}{space 3} .0033576
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0761956{col 28}{space 2} .0624574{col 39}{space 1}    1.22{col 48}{space 3}0.222{col 56}{space 4}-.0462186{col 69}{space 3} .1986098
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1366028{col 28}{space 2}  .097922{col 39}{space 1}    1.40{col 48}{space 3}0.163{col 56}{space 4}-.0553207{col 69}{space 3} .3285264
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2}  .005677{col 28}{space 2} .0052732{col 39}{space 1}    1.08{col 48}{space 3}0.282{col 56}{space 4}-.0046584{col 69}{space 3} .0160124
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0112383{col 28}{space 2} .0040147{col 39}{space 1}   -2.80{col 48}{space 3}0.005{col 56}{space 4}-.0191069{col 69}{space 3}-.0033696
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0061804{col 28}{space 2} .0063536{col 39}{space 1}    0.97{col 48}{space 3}0.331{col 56}{space 4}-.0062725{col 69}{space 3} .0186332
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0012919{col 28}{space 2} .0014477{col 39}{space 1}   -0.89{col 48}{space 3}0.372{col 56}{space 4}-.0041294{col 69}{space 3} .0015456
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .1267922{col 28}{space 2} .0737368{col 39}{space 1}    1.72{col 48}{space 3}0.086{col 56}{space 4}-.0177294{col 69}{space 3} .2713137
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0927091{col 28}{space 2} .3075972{col 39}{space 1}   -0.30{col 48}{space 3}0.763{col 56}{space 4}-.6955885{col 69}{space 3} .5101704
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0903962{col 28}{space 2} .2680159{col 39}{space 1}    0.34{col 48}{space 3}0.736{col 56}{space 4}-.4349054{col 69}{space 3} .6156978
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3137073{col 28}{space 2}  .265182{col 39}{space 1}    1.18{col 48}{space 3}0.237{col 56}{space 4}-.2060398{col 69}{space 3} .8334543
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}  .994986{col 28}{space 2} .2433772{col 39}{space 1}    4.09{col 48}{space 3}0.000{col 56}{space 4} .5179755{col 69}{space 3} 1.471996
{txt}{space 9}2009  {c |}{col 16}{res}{space 2}  1.17229{col 28}{space 2} .2364968{col 39}{space 1}    4.96{col 48}{space 3}0.000{col 56}{space 4} .7087646{col 69}{space 3} 1.635815
{txt}{space 9}2010  {c |}{col 16}{res}{space 2}  .679399{col 28}{space 2} .2446628{col 39}{space 1}    2.78{col 48}{space 3}0.005{col 56}{space 4} .1998686{col 69}{space 3} 1.158929
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.010966{col 28}{space 2} .2378894{col 39}{space 1}    4.25{col 48}{space 3}0.000{col 56}{space 4} .5447114{col 69}{space 3} 1.477221
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.330934{col 28}{space 2} .2348972{col 39}{space 1}    5.67{col 48}{space 3}0.000{col 56}{space 4} .8705444{col 69}{space 3} 1.791325
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.033672{col 28}{space 2} .2387872{col 39}{space 1}    4.33{col 48}{space 3}0.000{col 56}{space 4} .5656579{col 69}{space 3} 1.501686
{txt}{space 9}2014  {c |}{col 16}{res}{space 2}  1.45999{col 28}{space 2}  .234071{col 39}{space 1}    6.24{col 48}{space 3}0.000{col 56}{space 4}  1.00122{col 69}{space 3} 1.918761
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.443706{col 28}{space 2} .2349332{col 39}{space 1}    6.15{col 48}{space 3}0.000{col 56}{space 4}  .983245{col 69}{space 3} 1.904166
{txt}{space 9}2016  {c |}{col 16}{res}{space 2}  1.55648{col 28}{space 2} .2350696{col 39}{space 1}    6.62{col 48}{space 3}0.000{col 56}{space 4} 1.095752{col 69}{space 3} 2.017208
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.345882{col 28}{space 2}  .238486{col 39}{space 1}    5.64{col 48}{space 3}0.000{col 56}{space 4} .8784579{col 69}{space 3} 1.813306
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.066799{col 28}{space 2} .2407924{col 39}{space 1}    4.43{col 48}{space 3}0.000{col 56}{space 4} .5948544{col 69}{space 3} 1.538743
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.590367{col 28}{space 2} .2365042{col 39}{space 1}    6.72{col 48}{space 3}0.000{col 56}{space 4} 1.126827{col 69}{space 3} 2.053906
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-3.037584{col 28}{space 2} 1.274505{col 39}{space 1}   -2.38{col 48}{space 3}0.017{col 56}{space 4}-5.535568{col 69}{space 3}-.5396003
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est3{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp  lndist bri_carryover  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res: -2998.251}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2553.5063}  
Iteration 2:{space 3}log likelihood = {res: -2362.473}  
Iteration 3:{space 3}log likelihood = {res:-2349.0664}  
Iteration 4:{space 3}log likelihood = {res:-2348.9177}  
Iteration 5:{space 3}log likelihood = {res:-2348.9176}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}27{txt}){col 67}={col 70}{res}   312.82
{txt}Log likelihood  = {res}-2348.9176{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2}  .409387{col 28}{space 2} .1616623{col 39}{space 1}    2.53{col 48}{space 3}0.011{col 56}{space 4} .0925347{col 69}{space 3} .7262393
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0278443{col 28}{space 2}  .051934{col 39}{space 1}   -0.54{col 48}{space 3}0.592{col 56}{space 4} -.129633{col 69}{space 3} .0739445
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2} -.072289{col 28}{space 2} .0430561{col 39}{space 1}   -1.68{col 48}{space 3}0.093{col 56}{space 4}-.1566774{col 69}{space 3} .0120993
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0865567{col 28}{space 2} .0634179{col 39}{space 1}    1.36{col 48}{space 3}0.172{col 56}{space 4}-.0377402{col 69}{space 3} .2108536
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1132497{col 28}{space 2} .1005414{col 39}{space 1}    1.13{col 48}{space 3}0.260{col 56}{space 4}-.0838079{col 69}{space 3} .3103072
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0056199{col 28}{space 2} .0053135{col 39}{space 1}    1.06{col 48}{space 3}0.290{col 56}{space 4}-.0047943{col 69}{space 3} .0160342
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0104066{col 28}{space 2} .0042352{col 39}{space 1}   -2.46{col 48}{space 3}0.014{col 56}{space 4}-.0187073{col 69}{space 3}-.0021058
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0057122{col 28}{space 2} .0064248{col 39}{space 1}    0.89{col 48}{space 3}0.374{col 56}{space 4}-.0068802{col 69}{space 3} .0183046
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0008732{col 28}{space 2} .0014995{col 39}{space 1}   -0.58{col 48}{space 3}0.560{col 56}{space 4}-.0038122{col 69}{space 3} .0020658
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0975807{col 28}{space 2} .0783334{col 39}{space 1}    1.25{col 48}{space 3}0.213{col 56}{space 4}-.0559499{col 69}{space 3} .2511112
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1373851{col 28}{space 2} .1300478{col 39}{space 1}    1.06{col 48}{space 3}0.291{col 56}{space 4}-.1175039{col 69}{space 3}  .392274
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0186681{col 28}{space 2} .0876327{col 39}{space 1}    0.21{col 48}{space 3}0.831{col 56}{space 4}-.1530889{col 69}{space 3} .1904251
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0974931{col 28}{space 2} .3086443{col 39}{space 1}   -0.32{col 48}{space 3}0.752{col 56}{space 4}-.7024248{col 69}{space 3} .5074386
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .1086281{col 28}{space 2} .2690682{col 39}{space 1}    0.40{col 48}{space 3}0.686{col 56}{space 4}-.4187358{col 69}{space 3} .6359921
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3375348{col 28}{space 2} .2665087{col 39}{space 1}    1.27{col 48}{space 3}0.205{col 56}{space 4}-.1848126{col 69}{space 3} .8598822
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.014186{col 28}{space 2}  .244535{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4}  .534906{col 69}{space 3} 1.493466
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.188721{col 28}{space 2} .2377085{col 39}{space 1}    5.00{col 48}{space 3}0.000{col 56}{space 4} .7228212{col 69}{space 3} 1.654621
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6943207{col 28}{space 2} .2457273{col 39}{space 1}    2.83{col 48}{space 3}0.005{col 56}{space 4}  .212704{col 69}{space 3} 1.175937
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.024639{col 28}{space 2} .2389325{col 39}{space 1}    4.29{col 48}{space 3}0.000{col 56}{space 4} .5563397{col 69}{space 3} 1.492938
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.338377{col 28}{space 2} .2357688{col 39}{space 1}    5.68{col 48}{space 3}0.000{col 56}{space 4} .8762788{col 69}{space 3} 1.800476
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.043931{col 28}{space 2} .2396361{col 39}{space 1}    4.36{col 48}{space 3}0.000{col 56}{space 4} .5742529{col 69}{space 3} 1.513609
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.472411{col 28}{space 2} .2349888{col 39}{space 1}    6.27{col 48}{space 3}0.000{col 56}{space 4} 1.011841{col 69}{space 3} 1.932981
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.451453{col 28}{space 2} .2358672{col 39}{space 1}    6.15{col 48}{space 3}0.000{col 56}{space 4} .9891619{col 69}{space 3} 1.913744
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.555231{col 28}{space 2} .2359526{col 39}{space 1}    6.59{col 48}{space 3}0.000{col 56}{space 4} 1.092772{col 69}{space 3}  2.01769
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.348579{col 28}{space 2} .2396396{col 39}{space 1}    5.63{col 48}{space 3}0.000{col 56}{space 4} .8788944{col 69}{space 3} 1.818265
{txt}{space 9}2018  {c |}{col 16}{res}{space 2}  1.06298{col 28}{space 2} .2438188{col 39}{space 1}    4.36{col 48}{space 3}0.000{col 56}{space 4} .5851037{col 69}{space 3} 1.540856
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.592876{col 28}{space 2} .2413357{col 39}{space 1}    6.60{col 48}{space 3}0.000{col 56}{space 4} 1.119866{col 69}{space 3} 2.065885
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-4.311539{col 28}{space 2} 1.755248{col 39}{space 1}   -2.46{col 48}{space 3}0.014{col 56}{space 4}-7.751761{col 69}{space 3}-.8713167
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est4{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3019.0984}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2535.4652}  
Iteration 2:{space 3}log likelihood = {res:-2354.4989}  
Iteration 3:{space 3}log likelihood = {res:-2347.4058}  
Iteration 4:{space 3}log likelihood = {res:-2347.3772}  
Iteration 5:{space 3}log likelihood = {res:-2347.3772}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}28{txt}){col 67}={col 70}{res}   317.15
{txt}Log likelihood  = {res}-2347.3772{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3996798{col 28}{space 2}  .162155{col 39}{space 1}    2.46{col 48}{space 3}0.014{col 56}{space 4} .0818619{col 69}{space 3} .7174977
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0706941{col 28}{space 2} .0563721{col 39}{space 1}   -1.25{col 48}{space 3}0.210{col 56}{space 4}-.1811813{col 69}{space 3} .0397932
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0700677{col 28}{space 2} .0430606{col 39}{space 1}   -1.63{col 48}{space 3}0.104{col 56}{space 4}-.1544648{col 69}{space 3} .0143295
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0889538{col 28}{space 2} .0630382{col 39}{space 1}    1.41{col 48}{space 3}0.158{col 56}{space 4}-.0345988{col 69}{space 3} .2125064
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0825644{col 28}{space 2} .1021954{col 39}{space 1}    0.81{col 48}{space 3}0.419{col 56}{space 4} -.117735{col 69}{space 3} .2828638
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0049895{col 28}{space 2} .0052983{col 39}{space 1}    0.94{col 48}{space 3}0.346{col 56}{space 4}-.0053949{col 69}{space 3} .0153739
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0102017{col 28}{space 2} .0042071{col 39}{space 1}   -2.42{col 48}{space 3}0.015{col 56}{space 4}-.0184475{col 69}{space 3}-.0019559
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0077534{col 28}{space 2} .0064863{col 39}{space 1}    1.20{col 48}{space 3}0.232{col 56}{space 4}-.0049595{col 69}{space 3} .0204664
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0005753{col 28}{space 2} .0015083{col 39}{space 1}   -0.38{col 48}{space 3}0.703{col 56}{space 4}-.0035315{col 69}{space 3} .0023809
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0886326{col 28}{space 2} .0786071{col 39}{space 1}    1.13{col 48}{space 3}0.260{col 56}{space 4}-.0654344{col 69}{space 3} .2426995
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1349197{col 28}{space 2} .1300221{col 39}{space 1}    1.04{col 48}{space 3}0.299{col 56}{space 4} -.119919{col 69}{space 3} .3897584
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0341744{col 28}{space 2} .0880135{col 39}{space 1}    0.39{col 48}{space 3}0.698{col 56}{space 4} -.138329{col 69}{space 3} .2066777
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .5633727{col 28}{space 2} .3190359{col 39}{space 1}    1.77{col 48}{space 3}0.077{col 56}{space 4}-.0619262{col 69}{space 3} 1.188672
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0696575{col 28}{space 2} .3084729{col 39}{space 1}   -0.23{col 48}{space 3}0.821{col 56}{space 4}-.6742533{col 69}{space 3} .5349383
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .1249968{col 28}{space 2} .2687775{col 39}{space 1}    0.47{col 48}{space 3}0.642{col 56}{space 4}-.4017975{col 69}{space 3}  .651791
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3633538{col 28}{space 2} .2662191{col 39}{space 1}    1.36{col 48}{space 3}0.172{col 56}{space 4}-.1584259{col 69}{space 3} .8851336
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.043954{col 28}{space 2}  .244409{col 39}{space 1}    4.27{col 48}{space 3}0.000{col 56}{space 4} .5649211{col 69}{space 3} 1.522987
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.216783{col 28}{space 2} .2377638{col 39}{space 1}    5.12{col 48}{space 3}0.000{col 56}{space 4}  .750774{col 69}{space 3} 1.682791
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7132278{col 28}{space 2} .2456134{col 39}{space 1}    2.90{col 48}{space 3}0.004{col 56}{space 4} .2318343{col 69}{space 3} 1.194621
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.039056{col 28}{space 2} .2389294{col 39}{space 1}    4.35{col 48}{space 3}0.000{col 56}{space 4} .5707634{col 69}{space 3}  1.50735
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.363259{col 28}{space 2} .2359358{col 39}{space 1}    5.78{col 48}{space 3}0.000{col 56}{space 4} .9008334{col 69}{space 3} 1.825685
{txt}{space 9}2013  {c |}{col 16}{res}{space 2}  1.07767{col 28}{space 2} .2401397{col 39}{space 1}    4.49{col 48}{space 3}0.000{col 56}{space 4} .6070051{col 69}{space 3} 1.548336
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.506889{col 28}{space 2} .2355763{col 39}{space 1}    6.40{col 48}{space 3}0.000{col 56}{space 4} 1.045168{col 69}{space 3}  1.96861
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.481608{col 28}{space 2} .2362603{col 39}{space 1}    6.27{col 48}{space 3}0.000{col 56}{space 4} 1.018546{col 69}{space 3} 1.944669
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.600618{col 28}{space 2} .2370471{col 39}{space 1}    6.75{col 48}{space 3}0.000{col 56}{space 4} 1.136014{col 69}{space 3} 2.065222
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.379267{col 28}{space 2}  .240077{col 39}{space 1}    5.75{col 48}{space 3}0.000{col 56}{space 4} .9087252{col 69}{space 3}  1.84981
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.082807{col 28}{space 2} .2439943{col 39}{space 1}    4.44{col 48}{space 3}0.000{col 56}{space 4} .6045873{col 69}{space 3} 1.561027
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.624145{col 28}{space 2} .2418202{col 39}{space 1}    6.72{col 48}{space 3}0.000{col 56}{space 4} 1.150186{col 69}{space 3} 2.098104
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-4.258731{col 28}{space 2} 1.752836{col 39}{space 1}   -2.43{col 48}{space 3}0.015{col 56}{space 4}-7.694226{col 69}{space 3}-.8232367
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est5{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy  year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3379.3606}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2721.8999}  
Iteration 2:{space 3}log likelihood = {res:-2433.5269}  
Iteration 3:{space 3}log likelihood = {res:-2405.5642}  
Iteration 4:{space 3}log likelihood = {res:-2404.9401}  
Iteration 5:{space 3}log likelihood = {res:-2404.9396}  
Iteration 6:{space 3}log likelihood = {res:-2404.9396}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}14{txt}){col 67}={col 70}{res}   223.88
{txt}Log likelihood  = {res}-2404.9396{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3129977{col 28}{space 2} .1604906{col 39}{space 1}    1.95{col 48}{space 3}0.051{col 56}{space 4}-.0015581{col 69}{space 3} .6275534
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0478276{col 28}{space 2} .0565056{col 39}{space 1}   -0.85{col 48}{space 3}0.397{col 56}{space 4}-.1585764{col 69}{space 3} .0629213
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0514472{col 28}{space 2} .0428306{col 39}{space 1}   -1.20{col 48}{space 3}0.230{col 56}{space 4}-.1353936{col 69}{space 3} .0324992
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0255831{col 28}{space 2} .0571445{col 39}{space 1}    0.45{col 48}{space 3}0.654{col 56}{space 4} -.086418{col 69}{space 3} .1375842
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1850981{col 28}{space 2} .0975018{col 39}{space 1}    1.90{col 48}{space 3}0.058{col 56}{space 4} -.006002{col 69}{space 3} .3761982
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0004391{col 28}{space 2} .0050528{col 39}{space 1}    0.09{col 48}{space 3}0.931{col 56}{space 4}-.0094641{col 69}{space 3} .0103424
{txt}{space 3}electricity {c |}{col 16}{res}{space 2} -.009531{col 28}{space 2} .0040401{col 39}{space 1}   -2.36{col 48}{space 3}0.018{col 56}{space 4}-.0174493{col 69}{space 3}-.0016126
{txt}NaturalResou~s {c |}{col 16}{res}{space 2}  .008588{col 28}{space 2} .0060758{col 39}{space 1}    1.41{col 48}{space 3}0.158{col 56}{space 4}-.0033203{col 69}{space 3} .0204963
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0009836{col 28}{space 2}  .001436{col 39}{space 1}   -0.68{col 48}{space 3}0.493{col 56}{space 4} -.003798{col 69}{space 3} .0018309
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0511761{col 28}{space 2} .0758856{col 39}{space 1}    0.67{col 48}{space 3}0.500{col 56}{space 4}-.0975569{col 69}{space 3} .1999091
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1068518{col 28}{space 2} .1243862{col 39}{space 1}    0.86{col 48}{space 3}0.390{col 56}{space 4}-.1369407{col 69}{space 3} .3506443
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2}-.1921516{col 28}{space 2} .0837194{col 39}{space 1}   -2.30{col 48}{space 3}0.022{col 56}{space 4}-.3562385{col 69}{space 3}-.0280647
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .1856394{col 28}{space 2} .3181124{col 39}{space 1}    0.58{col 48}{space 3}0.560{col 56}{space 4}-.4378494{col 69}{space 3} .8091283
{txt}{space 10}year {c |}{col 16}{res}{space 2} .0832922{col 28}{space 2} .0081996{col 39}{space 1}   10.16{col 48}{space 3}0.000{col 56}{space 4} .0672213{col 69}{space 3} .0993632
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-169.4216{col 28}{space 2} 16.31273{col 39}{space 1}  -10.39{col 48}{space 3}0.000{col 56}{space 4}-201.3939{col 69}{space 3}-137.4492
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est6{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.parcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources tradeopenness ln_nonchinese_fdi_stock_gdp  lndist bri_carryover v2x_polyarchy eventcountL1 i.year , fe
{txt}note: 18 groups (18 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-8811.0209}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-5718.6093}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-4006.0932}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-2575.1352}  
Iteration 4:{space 3}log likelihood = {res:-2188.9982}  
Iteration 5:{space 3}log likelihood = {res:-1991.7515}  
Iteration 6:{space 3}log likelihood = {res:-1882.9243}  
Iteration 7:{space 3}log likelihood = {res:-1869.5914}  
Iteration 8:{space 3}log likelihood = {res:-1869.0527}  
Iteration 9:{space 3}log likelihood = {res:-1869.0517}  
Iteration 10:{space 2}log likelihood = {res:-1869.0517}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       679
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        80

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.5
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}29{txt}){col 67}={col 70}{res}   285.93
{txt}Log likelihood  = {res}-1869.0517{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4246411{col 28}{space 2} .2000972{col 39}{space 1}    2.12{col 48}{space 3}0.034{col 56}{space 4} .0324578{col 69}{space 3} .8168244
{txt}{space 5}parcompL1 {c |}{col 16}{res}{space 2}-.0892419{col 28}{space 2} .0624677{col 39}{space 1}   -1.43{col 48}{space 3}0.153{col 56}{space 4}-.2116764{col 69}{space 3} .0331926
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.parcompL1 {c |}{col 16}{res}{space 2}-.0704912{col 28}{space 2} .0500272{col 39}{space 1}   -1.41{col 48}{space 3}0.159{col 56}{space 4}-.1685427{col 69}{space 3} .0275603
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1428608{col 28}{space 2} .0752133{col 39}{space 1}    1.90{col 48}{space 3}0.058{col 56}{space 4}-.0045546{col 69}{space 3} .2902763
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0236925{col 28}{space 2} .1179883{col 39}{space 1}    0.20{col 48}{space 3}0.841{col 56}{space 4}-.2075603{col 69}{space 3} .2549454
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0071953{col 28}{space 2} .0059212{col 39}{space 1}    1.22{col 48}{space 3}0.224{col 56}{space 4}-.0044101{col 69}{space 3} .0188006
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0111201{col 28}{space 2} .0056241{col 39}{space 1}   -1.98{col 48}{space 3}0.048{col 56}{space 4}-.0221431{col 69}{space 3}-.0000971
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0014775{col 28}{space 2} .0092653{col 39}{space 1}    0.16{col 48}{space 3}0.873{col 56}{space 4}-.0166821{col 69}{space 3} .0196372
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0002026{col 28}{space 2} .0018433{col 39}{space 1}    0.11{col 48}{space 3}0.912{col 56}{space 4}-.0034102{col 69}{space 3} .0038153
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0749881{col 28}{space 2} .0937919{col 39}{space 1}    0.80{col 48}{space 3}0.424{col 56}{space 4}-.1088407{col 69}{space 3} .2588169
{txt}{space 8}lndist {c |}{col 16}{res}{space 2}  .151864{col 28}{space 2} .1481272{col 39}{space 1}    1.03{col 48}{space 3}0.305{col 56}{space 4}  -.13846{col 69}{space 3}  .442188
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0419622{col 28}{space 2} .1001011{col 39}{space 1}    0.42{col 48}{space 3}0.675{col 56}{space 4}-.1542324{col 69}{space 3} .2381569
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .4980121{col 28}{space 2}  .372105{col 39}{space 1}    1.34{col 48}{space 3}0.181{col 56}{space 4}-.2313002{col 69}{space 3} 1.227324
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0017616{col 28}{space 2} .0006322{col 39}{space 1}    2.79{col 48}{space 3}0.005{col 56}{space 4} .0005225{col 69}{space 3} .0030007
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0662338{col 28}{space 2} .3754327{col 39}{space 1}   -0.18{col 48}{space 3}0.860{col 56}{space 4}-.8020684{col 69}{space 3} .6696008
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0275321{col 28}{space 2} .3477323{col 39}{space 1}    0.08{col 48}{space 3}0.937{col 56}{space 4}-.6540107{col 69}{space 3} .7090749
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3866762{col 28}{space 2} .3130909{col 39}{space 1}    1.24{col 48}{space 3}0.217{col 56}{space 4}-.2269706{col 69}{space 3} 1.000323
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.044471{col 28}{space 2} .2912402{col 39}{space 1}    3.59{col 48}{space 3}0.000{col 56}{space 4} .4736508{col 69}{space 3} 1.615291
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.241018{col 28}{space 2}  .275244{col 39}{space 1}    4.51{col 48}{space 3}0.000{col 56}{space 4} .7015501{col 69}{space 3} 1.780487
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7085038{col 28}{space 2}  .281465{col 39}{space 1}    2.52{col 48}{space 3}0.012{col 56}{space 4} .1568425{col 69}{space 3} 1.260165
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .9495031{col 28}{space 2} .2792159{col 39}{space 1}    3.40{col 48}{space 3}0.001{col 56}{space 4} .4022501{col 69}{space 3} 1.496756
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.393954{col 28}{space 2} .2718946{col 39}{space 1}    5.13{col 48}{space 3}0.000{col 56}{space 4} .8610504{col 69}{space 3} 1.926858
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.059538{col 28}{space 2} .2772475{col 39}{space 1}    3.82{col 48}{space 3}0.000{col 56}{space 4} .5161428{col 69}{space 3} 1.602933
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.484417{col 28}{space 2} .2727079{col 39}{space 1}    5.44{col 48}{space 3}0.000{col 56}{space 4} .9499188{col 69}{space 3} 2.018914
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.391902{col 28}{space 2} .2748996{col 39}{space 1}    5.06{col 48}{space 3}0.000{col 56}{space 4} .8531084{col 69}{space 3} 1.930695
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.584725{col 28}{space 2} .2756454{col 39}{space 1}    5.75{col 48}{space 3}0.000{col 56}{space 4}  1.04447{col 69}{space 3}  2.12498
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.244861{col 28}{space 2} .2821002{col 39}{space 1}    4.41{col 48}{space 3}0.000{col 56}{space 4} .6919543{col 69}{space 3} 1.797767
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.029968{col 28}{space 2} .2805582{col 39}{space 1}    3.67{col 48}{space 3}0.000{col 56}{space 4} .4800839{col 69}{space 3} 1.579852
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.619565{col 28}{space 2} .2771179{col 39}{space 1}    5.84{col 48}{space 3}0.000{col 56}{space 4} 1.076424{col 69}{space 3} 2.162706
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2} -5.30422{col 28}{space 2} 2.052036{col 39}{space 1}   -2.58{col 48}{space 3}0.010{col 56}{space 4}-9.326136{col 69}{space 3}-1.282304
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est7{txt} stored)

{com}. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. * Table A3. : Political Competition (xrparcomp), Chinese FDI and Anti-China Protest.
. 
{txt}end of do-file

{com}. do "C:\Users\yujeo\AppData\Local\Temp\STD00000000.tmp"
{txt}
{com}. eststo clear
{txt}
{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3129.9257}  
Iteration 1:{space 3}log likelihood = {res:-2627.2001}  
Iteration 2:{space 3}log likelihood = {res: -2546.405}  
Iteration 3:{space 3}log likelihood = {res:-2543.0029}  
Iteration 4:{space 3}log likelihood = {res:-2542.9879}  
Iteration 5:{space 3}log likelihood = {res:-2542.9879}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,029
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}18{txt}){col 67}={col 70}{res}   286.83
{txt}Log likelihood  = {res}-2542.9879{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3198394{col 28}{space 2} .1430793{col 39}{space 1}    2.24{col 48}{space 3}0.025{col 56}{space 4} .0394092{col 69}{space 3} .6002696
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2} .1083517{col 28}{space 2} .0518293{col 39}{space 1}    2.09{col 48}{space 3}0.037{col 56}{space 4} .0067681{col 69}{space 3} .2099352
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.1025415{col 28}{space 2}  .047442{col 39}{space 1}   -2.16{col 48}{space 3}0.031{col 56}{space 4}-.1955262{col 69}{space 3}-.0095568
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0242407{col 28}{space 2} .2947676{col 39}{space 1}   -0.08{col 48}{space 3}0.934{col 56}{space 4}-.6019747{col 69}{space 3} .5534932
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0749182{col 28}{space 2} .2581279{col 39}{space 1}    0.29{col 48}{space 3}0.772{col 56}{space 4}-.4310033{col 69}{space 3} .5808396
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3635112{col 28}{space 2} .2511497{col 39}{space 1}    1.45{col 48}{space 3}0.148{col 56}{space 4}-.1287331{col 69}{space 3} .8557556
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.008824{col 28}{space 2} .2298623{col 39}{space 1}    4.39{col 48}{space 3}0.000{col 56}{space 4} .5583024{col 69}{space 3} 1.459346
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.206305{col 28}{space 2} .2246628{col 39}{space 1}    5.37{col 48}{space 3}0.000{col 56}{space 4} .7659742{col 69}{space 3} 1.646636
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6867026{col 28}{space 2} .2337324{col 39}{space 1}    2.94{col 48}{space 3}0.003{col 56}{space 4} .2285955{col 69}{space 3}  1.14481
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.120606{col 28}{space 2} .2254007{col 39}{space 1}    4.97{col 48}{space 3}0.000{col 56}{space 4} .6788285{col 69}{space 3} 1.562383
{txt}{space 9}2012  {c |}{col 16}{res}{space 2}  1.38033{col 28}{space 2} .2231086{col 39}{space 1}    6.19{col 48}{space 3}0.000{col 56}{space 4} .9430453{col 69}{space 3} 1.817615
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.122845{col 28}{space 2} .2264218{col 39}{space 1}    4.96{col 48}{space 3}0.000{col 56}{space 4}  .679066{col 69}{space 3} 1.566623
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.565211{col 28}{space 2} .2222483{col 39}{space 1}    7.04{col 48}{space 3}0.000{col 56}{space 4} 1.129612{col 69}{space 3}  2.00081
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.486131{col 28}{space 2} .2240839{col 39}{space 1}    6.63{col 48}{space 3}0.000{col 56}{space 4} 1.046935{col 69}{space 3} 1.925328
{txt}{space 9}2016  {c |}{col 16}{res}{space 2}  1.62199{col 28}{space 2} .2235225{col 39}{space 1}    7.26{col 48}{space 3}0.000{col 56}{space 4} 1.183894{col 69}{space 3} 2.060086
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.480372{col 28}{space 2} .2256932{col 39}{space 1}    6.56{col 48}{space 3}0.000{col 56}{space 4} 1.038022{col 69}{space 3} 1.922723
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.178387{col 28}{space 2} .2285411{col 39}{space 1}    5.16{col 48}{space 3}0.000{col 56}{space 4} .7304545{col 69}{space 3} 1.626319
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.607383{col 28}{space 2} .2256131{col 39}{space 1}    7.12{col 48}{space 3}0.000{col 56}{space 4}  1.16519{col 69}{space 3} 2.049577
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2} -.616391{col 28}{space 2}  .259662{col 39}{space 1}   -2.37{col 48}{space 3}0.018{col 56}{space 4}-1.125319{col 69}{space 3}-.1074629
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est1{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity    NaturalResources i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3284.1175}  
Iteration 1:{space 3}log likelihood = {res:-2937.6143}  
Iteration 2:{space 3}log likelihood = {res:-2828.9845}  
Iteration 3:{space 3}log likelihood = {res:-2564.1964}  
Iteration 4:{space 3}log likelihood = {res:-2524.2139}  
Iteration 5:{space 3}log likelihood = {res:-2523.2301}  
Iteration 6:{space 3}log likelihood = {res:-2523.2286}  
Iteration 7:{space 3}log likelihood = {res:-2523.2286}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}     1,028
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       127

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.1
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}23{txt}){col 67}={col 70}{res}   334.97
{txt}Log likelihood  = {res}-2523.2286{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4223207{col 28}{space 2} .1501185{col 39}{space 1}    2.81{col 48}{space 3}0.005{col 56}{space 4} .1280939{col 69}{space 3} .7165475
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.0025086{col 28}{space 2} .0618442{col 39}{space 1}   -0.04{col 48}{space 3}0.968{col 56}{space 4}-.1237211{col 69}{space 3} .1187038
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.1046877{col 28}{space 2} .0516972{col 39}{space 1}   -2.03{col 48}{space 3}0.043{col 56}{space 4}-.2060124{col 69}{space 3} -.003363
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0446449{col 28}{space 2} .0536979{col 39}{space 1}    0.83{col 48}{space 3}0.406{col 56}{space 4}-.0606011{col 69}{space 3} .1498909
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1051145{col 28}{space 2} .0899708{col 39}{space 1}    1.17{col 48}{space 3}0.243{col 56}{space 4} -.071225{col 69}{space 3}  .281454
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0108996{col 28}{space 2} .0048747{col 39}{space 1}    2.24{col 48}{space 3}0.025{col 56}{space 4} .0013453{col 69}{space 3} .0204539
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0139209{col 28}{space 2} .0037256{col 39}{space 1}   -3.74{col 48}{space 3}0.000{col 56}{space 4} -.021223{col 69}{space 3}-.0066189
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0051124{col 28}{space 2} .0061639{col 39}{space 1}    0.83{col 48}{space 3}0.407{col 56}{space 4}-.0069686{col 69}{space 3} .0171934
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0658459{col 28}{space 2} .2892379{col 39}{space 1}   -0.23{col 48}{space 3}0.820{col 56}{space 4}-.6327418{col 69}{space 3} .5010499
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}  .047374{col 28}{space 2} .2547693{col 39}{space 1}    0.19{col 48}{space 3}0.852{col 56}{space 4}-.4519647{col 69}{space 3} .5467126
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3468046{col 28}{space 2} .2458134{col 39}{space 1}    1.41{col 48}{space 3}0.158{col 56}{space 4}-.1349808{col 69}{space 3}   .82859
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} .9463597{col 28}{space 2} .2269124{col 39}{space 1}    4.17{col 48}{space 3}0.000{col 56}{space 4} .5016196{col 69}{space 3}   1.3911
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.166567{col 28}{space 2} .2208598{col 39}{space 1}    5.28{col 48}{space 3}0.000{col 56}{space 4} .7336894{col 69}{space 3} 1.599444
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .6427749{col 28}{space 2} .2298922{col 39}{space 1}    2.80{col 48}{space 3}0.005{col 56}{space 4} .1921946{col 69}{space 3} 1.093355
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.016843{col 28}{space 2} .2233494{col 39}{space 1}    4.55{col 48}{space 3}0.000{col 56}{space 4} .5790858{col 69}{space 3} 1.454599
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.313528{col 28}{space 2} .2206708{col 39}{space 1}    5.95{col 48}{space 3}0.000{col 56}{space 4} .8810208{col 69}{space 3} 1.746034
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.035074{col 28}{space 2} .2243213{col 39}{space 1}    4.61{col 48}{space 3}0.000{col 56}{space 4}  .595412{col 69}{space 3} 1.474735
{txt}{space 9}2014  {c |}{col 16}{res}{space 2}  1.48336{col 28}{space 2} .2200067{col 39}{space 1}    6.74{col 48}{space 3}0.000{col 56}{space 4} 1.052155{col 69}{space 3} 1.914565
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.438041{col 28}{space 2} .2209241{col 39}{space 1}    6.51{col 48}{space 3}0.000{col 56}{space 4} 1.005037{col 69}{space 3} 1.871044
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.570282{col 28}{space 2} .2211253{col 39}{space 1}    7.10{col 48}{space 3}0.000{col 56}{space 4} 1.136884{col 69}{space 3} 2.003679
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.396156{col 28}{space 2} .2241806{col 39}{space 1}    6.23{col 48}{space 3}0.000{col 56}{space 4} .9567703{col 69}{space 3} 1.835542
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.102154{col 28}{space 2} .2265886{col 39}{space 1}    4.86{col 48}{space 3}0.000{col 56}{space 4} .6580484{col 69}{space 3} 1.546259
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.582889{col 28}{space 2} .2227324{col 39}{space 1}    7.11{col 48}{space 3}0.000{col 56}{space 4} 1.146341{col 69}{space 3} 2.019436
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-1.780396{col 28}{space 2} 1.066078{col 39}{space 1}   -1.67{col 48}{space 3}0.095{col 56}{space 4}-3.869871{col 69}{space 3} .3090789
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est2{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources  tradeopenness ln_nonchinese_fdi_stock_gdp  i.year , fe
{txt}note: 10 groups (10 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3062.6151}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2584.6738}  
Iteration 2:{space 3}log likelihood = {res:-2367.2849}  
Iteration 3:{space 3}log likelihood = {res:-2349.9875}  
Iteration 4:{space 3}log likelihood = {res:-2349.7924}  
Iteration 5:{space 3}log likelihood = {res:-2349.7918}  
Iteration 6:{space 3}log likelihood = {res:-2349.7918}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}25{txt}){col 67}={col 70}{res}   312.63
{txt}Log likelihood  = {res}-2349.7918{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4489086{col 28}{space 2} .1612244{col 39}{space 1}    2.78{col 48}{space 3}0.005{col 56}{space 4} .1329146{col 69}{space 3} .7649026
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2} .0001899{col 28}{space 2} .0648607{col 39}{space 1}    0.00{col 48}{space 3}0.998{col 56}{space 4}-.1269347{col 69}{space 3} .1273144
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.1169696{col 28}{space 2}  .053913{col 39}{space 1}   -2.17{col 48}{space 3}0.030{col 56}{space 4}-.2226371{col 69}{space 3}-.0113022
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0690102{col 28}{space 2} .0626549{col 39}{space 1}    1.10{col 48}{space 3}0.271{col 56}{space 4}-.0537911{col 69}{space 3} .1918115
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1304505{col 28}{space 2} .0977521{col 39}{space 1}    1.33{col 48}{space 3}0.182{col 56}{space 4}-.0611402{col 69}{space 3} .3220411
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0062518{col 28}{space 2}  .005306{col 39}{space 1}    1.18{col 48}{space 3}0.239{col 56}{space 4}-.0041477{col 69}{space 3} .0166514
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0115596{col 28}{space 2} .0040403{col 39}{space 1}   -2.86{col 48}{space 3}0.004{col 56}{space 4}-.0194783{col 69}{space 3}-.0036408
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0070089{col 28}{space 2} .0063956{col 39}{space 1}    1.10{col 48}{space 3}0.273{col 56}{space 4}-.0055263{col 69}{space 3}  .019544
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0011711{col 28}{space 2} .0014339{col 39}{space 1}   -0.82{col 48}{space 3}0.414{col 56}{space 4}-.0039816{col 69}{space 3} .0016393
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .1176616{col 28}{space 2} .0739997{col 39}{space 1}    1.59{col 48}{space 3}0.112{col 56}{space 4}-.0273752{col 69}{space 3} .2626983
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0957867{col 28}{space 2} .3077663{col 39}{space 1}   -0.31{col 48}{space 3}0.756{col 56}{space 4}-.6989976{col 69}{space 3} .5074241
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .0913629{col 28}{space 2} .2681284{col 39}{space 1}    0.34{col 48}{space 3}0.733{col 56}{space 4}-.4341591{col 69}{space 3} .6168848
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3134908{col 28}{space 2} .2654199{col 39}{space 1}    1.18{col 48}{space 3}0.238{col 56}{space 4}-.2067226{col 69}{space 3} .8337042
{txt}{space 9}2008  {c |}{col 16}{res}{space 2}  .997378{col 28}{space 2} .2432775{col 39}{space 1}    4.10{col 48}{space 3}0.000{col 56}{space 4} .5205628{col 69}{space 3} 1.474193
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.183457{col 28}{space 2} .2361923{col 39}{space 1}    5.01{col 48}{space 3}0.000{col 56}{space 4} .7205281{col 69}{space 3} 1.646385
{txt}{space 9}2010  {c |}{col 16}{res}{space 2}   .69499{col 28}{space 2} .2442928{col 39}{space 1}    2.84{col 48}{space 3}0.004{col 56}{space 4} .2161849{col 69}{space 3} 1.173795
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.016022{col 28}{space 2} .2377299{col 39}{space 1}    4.27{col 48}{space 3}0.000{col 56}{space 4} .5500801{col 69}{space 3} 1.481964
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.336653{col 28}{space 2} .2346962{col 39}{space 1}    5.70{col 48}{space 3}0.000{col 56}{space 4} .8766566{col 69}{space 3} 1.796649
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.045877{col 28}{space 2} .2384422{col 39}{space 1}    4.39{col 48}{space 3}0.000{col 56}{space 4} .5785387{col 69}{space 3} 1.513215
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.475247{col 28}{space 2} .2337907{col 39}{space 1}    6.31{col 48}{space 3}0.000{col 56}{space 4} 1.017026{col 69}{space 3} 1.933469
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.454255{col 28}{space 2}  .234959{col 39}{space 1}    6.19{col 48}{space 3}0.000{col 56}{space 4} .9937436{col 69}{space 3} 1.914766
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.570473{col 28}{space 2}  .235123{col 39}{space 1}    6.68{col 48}{space 3}0.000{col 56}{space 4} 1.109641{col 69}{space 3} 2.031306
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.370583{col 28}{space 2} .2383696{col 39}{space 1}    5.75{col 48}{space 3}0.000{col 56}{space 4} .9033872{col 69}{space 3} 1.837779
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.092355{col 28}{space 2} .2405197{col 39}{space 1}    4.54{col 48}{space 3}0.000{col 56}{space 4} .6209455{col 69}{space 3} 1.563765
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.612113{col 28}{space 2} .2363999{col 39}{space 1}    6.82{col 48}{space 3}0.000{col 56}{space 4} 1.148778{col 69}{space 3} 2.075449
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-2.891869{col 28}{space 2} 1.280609{col 39}{space 1}   -2.26{col 48}{space 3}0.024{col 56}{space 4}-5.401816{col 69}{space 3}-.3819214
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est3{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources  tradeopenness ln_nonchinese_fdi_stock_gdp  lndist bri_carryover  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3006.7504}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2556.4652}  
Iteration 2:{space 3}log likelihood = {res:-2372.3466}  
Iteration 3:{space 3}log likelihood = {res:-2350.0579}  
Iteration 4:{space 3}log likelihood = {res:-2349.1507}  
Iteration 5:{space 3}log likelihood = {res:-2349.1484}  
Iteration 6:{space 3}log likelihood = {res:-2349.1484}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}27{txt}){col 67}={col 70}{res}   310.88
{txt}Log likelihood  = {res}-2349.1484{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4526718{col 28}{space 2} .1621752{col 39}{space 1}    2.79{col 48}{space 3}0.005{col 56}{space 4} .1348142{col 69}{space 3} .7705293
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2} -.002551{col 28}{space 2} .0648824{col 39}{space 1}   -0.04{col 48}{space 3}0.969{col 56}{space 4}-.1297181{col 69}{space 3} .1246161
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.1080409{col 28}{space 2} .0547898{col 39}{space 1}   -1.97{col 48}{space 3}0.049{col 56}{space 4}-.2154269{col 69}{space 3}-.0006549
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0795738{col 28}{space 2} .0635674{col 39}{space 1}    1.25{col 48}{space 3}0.211{col 56}{space 4}-.0450161{col 69}{space 3} .2041636
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1061216{col 28}{space 2} .1003624{col 39}{space 1}    1.06{col 48}{space 3}0.290{col 56}{space 4}-.0905851{col 69}{space 3} .3028283
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0061982{col 28}{space 2} .0053503{col 39}{space 1}    1.16{col 48}{space 3}0.247{col 56}{space 4}-.0042883{col 69}{space 3} .0166846
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0106507{col 28}{space 2} .0042746{col 39}{space 1}   -2.49{col 48}{space 3}0.013{col 56}{space 4}-.0190288{col 69}{space 3}-.0022727
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0065119{col 28}{space 2} .0064797{col 39}{space 1}    1.00{col 48}{space 3}0.315{col 56}{space 4}-.0061882{col 69}{space 3} .0192119
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} -.000739{col 28}{space 2}  .001485{col 39}{space 1}   -0.50{col 48}{space 3}0.619{col 56}{space 4}-.0036496{col 69}{space 3} .0021716
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0871337{col 28}{space 2} .0785349{col 39}{space 1}    1.11{col 48}{space 3}0.267{col 56}{space 4} -.066792{col 69}{space 3} .2410593
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1429801{col 28}{space 2} .1296649{col 39}{space 1}    1.10{col 48}{space 3}0.270{col 56}{space 4}-.1111584{col 69}{space 3} .3971186
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0174423{col 28}{space 2}  .087957{col 39}{space 1}    0.20{col 48}{space 3}0.843{col 56}{space 4}-.1549503{col 69}{space 3}  .189835
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.1005859{col 28}{space 2} .3088452{col 39}{space 1}   -0.33{col 48}{space 3}0.745{col 56}{space 4}-.7059113{col 69}{space 3} .5047395
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .1105359{col 28}{space 2} .2692055{col 39}{space 1}    0.41{col 48}{space 3}0.681{col 56}{space 4}-.4170972{col 69}{space 3} .6381691
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3386544{col 28}{space 2} .2667666{col 39}{space 1}    1.27{col 48}{space 3}0.204{col 56}{space 4}-.1841985{col 69}{space 3} .8615073
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.017627{col 28}{space 2} .2444692{col 39}{space 1}    4.16{col 48}{space 3}0.000{col 56}{space 4} .5384764{col 69}{space 3} 1.496778
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.200587{col 28}{space 2}  .237441{col 39}{space 1}    5.06{col 48}{space 3}0.000{col 56}{space 4} .7352112{col 69}{space 3} 1.665963
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7099566{col 28}{space 2} .2454154{col 39}{space 1}    2.89{col 48}{space 3}0.004{col 56}{space 4} .2289514{col 69}{space 3} 1.190962
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.030646{col 28}{space 2} .2388307{col 39}{space 1}    4.32{col 48}{space 3}0.000{col 56}{space 4} .5625467{col 69}{space 3} 1.498746
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.344814{col 28}{space 2} .2356451{col 39}{space 1}    5.71{col 48}{space 3}0.000{col 56}{space 4} .8829584{col 69}{space 3}  1.80667
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.056653{col 28}{space 2} .2393372{col 39}{space 1}    4.41{col 48}{space 3}0.000{col 56}{space 4} .5875608{col 69}{space 3} 1.525745
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.488143{col 28}{space 2}  .234775{col 39}{space 1}    6.34{col 48}{space 3}0.000{col 56}{space 4} 1.027992{col 69}{space 3} 1.948293
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.462702{col 28}{space 2} .2359156{col 39}{space 1}    6.20{col 48}{space 3}0.000{col 56}{space 4} 1.000316{col 69}{space 3} 1.925088
{txt}{space 9}2016  {c |}{col 16}{res}{space 2}  1.56942{col 28}{space 2} .2360322{col 39}{space 1}    6.65{col 48}{space 3}0.000{col 56}{space 4} 1.106805{col 69}{space 3} 2.032034
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.373588{col 28}{space 2} .2394465{col 39}{space 1}    5.74{col 48}{space 3}0.000{col 56}{space 4} .9042818{col 69}{space 3} 1.842895
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.088732{col 28}{space 2}   .24332{col 39}{space 1}    4.47{col 48}{space 3}0.000{col 56}{space 4} .6118335{col 69}{space 3} 1.565631
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.615716{col 28}{space 2} .2409319{col 39}{space 1}    6.71{col 48}{space 3}0.000{col 56}{space 4} 1.143498{col 69}{space 3} 2.087934
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-4.214921{col 28}{space 2}  1.75848{col 39}{space 1}   -2.40{col 48}{space 3}0.017{col 56}{space 4}-7.661478{col 69}{space 3}-.7683638
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est4{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources  tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy  i.year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3062.6372}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2591.5594}  
Iteration 2:{space 3}log likelihood = {res:-2383.3505}  
Iteration 3:{space 3}log likelihood = {res:-2350.3998}  
Iteration 4:{space 3}log likelihood = {res: -2347.493}  
Iteration 5:{space 3}log likelihood = {res:-2347.4813}  
Iteration 6:{space 3}log likelihood = {res:-2347.4813}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}28{txt}){col 67}={col 70}{res}   315.05
{txt}Log likelihood  = {res}-2347.4813{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4389555{col 28}{space 2} .1618396{col 39}{space 1}    2.71{col 48}{space 3}0.007{col 56}{space 4} .1217558{col 69}{space 3} .7561553
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.0860569{col 28}{space 2} .0790416{col 39}{space 1}   -1.09{col 48}{space 3}0.276{col 56}{space 4}-.2409757{col 69}{space 3} .0688619
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2} -.102052{col 28}{space 2}  .054672{col 39}{space 1}   -1.87{col 48}{space 3}0.062{col 56}{space 4}-.2092072{col 69}{space 3} .0051031
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0847005{col 28}{space 2}  .063137{col 39}{space 1}    1.34{col 48}{space 3}0.180{col 56}{space 4}-.0390458{col 69}{space 3} .2084468
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0722302{col 28}{space 2} .1021071{col 39}{space 1}    0.71{col 48}{space 3}0.479{col 56}{space 4}-.1278959{col 69}{space 3} .2723564
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0056562{col 28}{space 2} .0053372{col 39}{space 1}    1.06{col 48}{space 3}0.289{col 56}{space 4}-.0048044{col 69}{space 3} .0161169
{txt}{space 3}electricity {c |}{col 16}{res}{space 2} -.010255{col 28}{space 2} .0042413{col 39}{space 1}   -2.42{col 48}{space 3}0.016{col 56}{space 4}-.0185677{col 69}{space 3}-.0019423
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0083494{col 28}{space 2} .0065138{col 39}{space 1}    1.28{col 48}{space 3}0.200{col 56}{space 4}-.0044175{col 69}{space 3} .0211162
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0003307{col 28}{space 2} .0015006{col 39}{space 1}   -0.22{col 48}{space 3}0.826{col 56}{space 4}-.0032719{col 69}{space 3} .0026104
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0758844{col 28}{space 2} .0788941{col 39}{space 1}    0.96{col 48}{space 3}0.336{col 56}{space 4}-.0787453{col 69}{space 3} .2305141
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1440725{col 28}{space 2} .1294999{col 39}{space 1}    1.11{col 48}{space 3}0.266{col 56}{space 4}-.1097427{col 69}{space 3} .3978877
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0286368{col 28}{space 2}   .08814{col 39}{space 1}    0.32{col 48}{space 3}0.745{col 56}{space 4}-.1441144{col 69}{space 3}  .201388
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .6604972{col 28}{space 2} .3607819{col 39}{space 1}    1.83{col 48}{space 3}0.067{col 56}{space 4}-.0466223{col 69}{space 3} 1.367617
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0684711{col 28}{space 2} .3088716{col 39}{space 1}   -0.22{col 48}{space 3}0.825{col 56}{space 4}-.6738484{col 69}{space 3} .5369062
{txt}{space 9}2006  {c |}{col 16}{res}{space 2} .1324738{col 28}{space 2} .2690699{col 39}{space 1}    0.49{col 48}{space 3}0.622{col 56}{space 4}-.3948934{col 69}{space 3} .6598411
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3694189{col 28}{space 2} .2666461{col 39}{space 1}    1.39{col 48}{space 3}0.166{col 56}{space 4}-.1531979{col 69}{space 3} .8920357
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.050701{col 28}{space 2} .2444843{col 39}{space 1}    4.30{col 48}{space 3}0.000{col 56}{space 4} .5715212{col 69}{space 3} 1.529882
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.237236{col 28}{space 2} .2378277{col 39}{space 1}    5.20{col 48}{space 3}0.000{col 56}{space 4} .7711027{col 69}{space 3}  1.70337
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7370166{col 28}{space 2} .2455906{col 39}{space 1}    3.00{col 48}{space 3}0.003{col 56}{space 4} .2556678{col 69}{space 3} 1.218365
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} 1.051185{col 28}{space 2} .2390463{col 39}{space 1}    4.40{col 48}{space 3}0.000{col 56}{space 4} .5826633{col 69}{space 3} 1.519707
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.375685{col 28}{space 2} .2360708{col 39}{space 1}    5.83{col 48}{space 3}0.000{col 56}{space 4} .9129947{col 69}{space 3} 1.838375
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.096654{col 28}{space 2} .2401491{col 39}{space 1}    4.57{col 48}{space 3}0.000{col 56}{space 4} .6259708{col 69}{space 3} 1.567338
{txt}{space 9}2014  {c |}{col 16}{res}{space 2} 1.526818{col 28}{space 2} .2355961{col 39}{space 1}    6.48{col 48}{space 3}0.000{col 56}{space 4} 1.065058{col 69}{space 3} 1.988578
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.494326{col 28}{space 2} .2364301{col 39}{space 1}    6.32{col 48}{space 3}0.000{col 56}{space 4} 1.030932{col 69}{space 3} 1.957721
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.617615{col 28}{space 2} .2372949{col 39}{space 1}    6.82{col 48}{space 3}0.000{col 56}{space 4} 1.152526{col 69}{space 3} 2.082704
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.406235{col 28}{space 2} .2400077{col 39}{space 1}    5.86{col 48}{space 3}0.000{col 56}{space 4} .9358281{col 69}{space 3} 1.876641
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.113921{col 28}{space 2} .2436923{col 39}{space 1}    4.57{col 48}{space 3}0.000{col 56}{space 4} .6362933{col 69}{space 3}  1.59155
{txt}{space 9}2019  {c |}{col 16}{res}{space 2} 1.655999{col 28}{space 2} .2417683{col 39}{space 1}    6.85{col 48}{space 3}0.000{col 56}{space 4} 1.182142{col 69}{space 3} 2.129856
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-4.228793{col 28}{space 2}  1.75463{col 39}{space 1}   -2.41{col 48}{space 3}0.016{col 56}{space 4}-7.667805{col 69}{space 3}-.7897813
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est5{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources  tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy  year , fe
{txt}note: 9 groups (9 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-3404.8665}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-2737.9737}  
Iteration 2:{space 3}log likelihood = {res:-2440.3544}  
Iteration 3:{space 3}log likelihood = {res:-2405.6879}  
Iteration 4:{space 3}log likelihood = {res:-2404.5245}  
Iteration 5:{space 3}log likelihood = {res:-2404.5236}  
Iteration 6:{space 3}log likelihood = {res:-2404.5236}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       954
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}       117

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.2
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}14{txt}){col 67}={col 70}{res}   223.58
{txt}Log likelihood  = {res}-2404.5236{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .3806439{col 28}{space 2} .1604419{col 39}{space 1}    2.37{col 48}{space 3}0.018{col 56}{space 4} .0661835{col 69}{space 3} .6951043
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.0511555{col 28}{space 2} .0788532{col 39}{space 1}   -0.65{col 48}{space 3}0.517{col 56}{space 4}-.2057049{col 69}{space 3} .1033939
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2} -.089032{col 28}{space 2} .0540323{col 39}{space 1}   -1.65{col 48}{space 3}0.099{col 56}{space 4}-.1949333{col 69}{space 3} .0168692
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .0249606{col 28}{space 2} .0575468{col 39}{space 1}    0.43{col 48}{space 3}0.664{col 56}{space 4}-.0878291{col 69}{space 3} .1377503
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .1726819{col 28}{space 2} .0974057{col 39}{space 1}    1.77{col 48}{space 3}0.076{col 56}{space 4}-.0182298{col 69}{space 3} .3635935
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2}  .001176{col 28}{space 2} .0050828{col 39}{space 1}    0.23{col 48}{space 3}0.817{col 56}{space 4}-.0087861{col 69}{space 3} .0111381
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0097393{col 28}{space 2} .0040682{col 39}{space 1}   -2.39{col 48}{space 3}0.017{col 56}{space 4}-.0177128{col 69}{space 3}-.0017659
{txt}NaturalResou~s {c |}{col 16}{res}{space 2} .0094373{col 28}{space 2} .0060896{col 39}{space 1}    1.55{col 48}{space 3}0.121{col 56}{space 4}-.0024982{col 69}{space 3} .0213728
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2}-.0007944{col 28}{space 2} .0014357{col 39}{space 1}   -0.55{col 48}{space 3}0.580{col 56}{space 4}-.0036083{col 69}{space 3} .0020196
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2}  .043051{col 28}{space 2} .0760404{col 39}{space 1}    0.57{col 48}{space 3}0.571{col 56}{space 4}-.1059856{col 69}{space 3} .1920875
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1077882{col 28}{space 2} .1237805{col 39}{space 1}    0.87{col 48}{space 3}0.384{col 56}{space 4}-.1348172{col 69}{space 3} .3503936
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2}-.1941679{col 28}{space 2} .0835376{col 39}{space 1}   -2.32{col 48}{space 3}0.020{col 56}{space 4}-.3578987{col 69}{space 3}-.0304372
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .2589247{col 28}{space 2} .3598291{col 39}{space 1}    0.72{col 48}{space 3}0.472{col 56}{space 4}-.4463275{col 69}{space 3} .9641768
{txt}{space 10}year {c |}{col 16}{res}{space 2} .0848104{col 28}{space 2} .0081577{col 39}{space 1}   10.40{col 48}{space 3}0.000{col 56}{space 4} .0688215{col 69}{space 3} .1007993
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-172.4416{col 28}{space 2} 16.22383{col 39}{space 1}  -10.63{col 48}{space 3}0.000{col 56}{space 4}-204.2398{col 69}{space 3}-140.6435
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est6{txt} stored)

{com}. eststo:xtnbreg  eventcount    c.ln_cofdi_stock_gdp_L1##c.avgcompL1   lngdp   lngdppc  urban_pop electricity   NaturalResources  tradeopenness ln_nonchinese_fdi_stock_gdp   lndist bri_carryover v2x_polyarchy eventcountL1 i.year , fe
{txt}note: 18 groups (18 obs) dropped because of only one obs per group
{res}
{txt}Iteration 0:{space 3}log likelihood = {res:-8796.9363}  (not concave)
Iteration 1:{space 3}log likelihood = {res:-6529.2874}  (not concave)
Iteration 2:{space 3}log likelihood = {res:-4501.9662}  (not concave)
Iteration 3:{space 3}log likelihood = {res:-4136.5394}  (not concave)
Iteration 4:{space 3}log likelihood = {res:-4006.2704}  (not concave)
Iteration 5:{space 3}log likelihood = {res:-2573.7859}  (not concave)
Iteration 6:{space 3}log likelihood = {res:-2466.8298}  (not concave)
Iteration 7:{space 3}log likelihood = {res:-2081.7305}  
Iteration 8:{space 3}log likelihood = {res:-2022.3268}  (backed up)
Iteration 9:{space 3}log likelihood = {res:-1905.9147}  
Iteration 10:{space 2}log likelihood = {res:-1871.5181}  
Iteration 11:{space 2}log likelihood = {res:-1870.0599}  
Iteration 12:{space 2}log likelihood = {res:-1870.0512}  
Iteration 13:{space 2}log likelihood = {res:-1870.0512}  
{res}
{txt}Conditional FE negative binomial regression{col 49}Number of obs{col 67}={col 69}{res}       679
{txt}Group variable: {res}cowcode{col 49}{txt}Number of groups{col 67}={col 69}{res}        80

{txt}{col 49}Obs per group:
{col 63}min{col 67}={col 69}{res}         2
{txt}{col 63}avg{col 67}={col 69}{res}       8.5
{txt}{col 63}max{col 67}={col 69}{res}        16

{txt}{col 49}Wald chi2({res}29{txt}){col 67}={col 70}{res}   279.93
{txt}Log likelihood  = {res}-1870.0512{col 49}{txt}Prob > chi2{col 67}={res}{col 73}0.0000

{txt}{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}    eventcount{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      z{col 48}   P>|z|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
ln_cofdi_sto~1 {c |}{col 16}{res}{space 2} .4079365{col 28}{space 2} .1957687{col 39}{space 1}    2.08{col 48}{space 3}0.037{col 56}{space 4} .0242369{col 69}{space 3} .7916362
{txt}{space 5}avgcompL1 {c |}{col 16}{res}{space 2}-.1124327{col 28}{space 2} .0896459{col 39}{space 1}   -1.25{col 48}{space 3}0.210{col 56}{space 4}-.2881354{col 69}{space 3}   .06327
{txt}{space 14} {c |}
{space 12}c. {c |}
ln_cofdi_sto~1#{c |}
{space 3}c.avgcompL1 {c |}{col 16}{res}{space 2}-.0850998{col 28}{space 2} .0626481{col 39}{space 1}   -1.36{col 48}{space 3}0.174{col 56}{space 4}-.2078878{col 69}{space 3} .0376882
{txt}{space 14} {c |}
{space 9}lngdp {c |}{col 16}{res}{space 2} .1328765{col 28}{space 2} .0751278{col 39}{space 1}    1.77{col 48}{space 3}0.077{col 56}{space 4}-.0143712{col 69}{space 3} .2801243
{txt}{space 7}lngdppc {c |}{col 16}{res}{space 2} .0127055{col 28}{space 2}   .11796{col 39}{space 1}    0.11{col 48}{space 3}0.914{col 56}{space 4}-.2184918{col 69}{space 3} .2439028
{txt}{space 5}urban_pop {c |}{col 16}{res}{space 2} .0076838{col 28}{space 2} .0059903{col 39}{space 1}    1.28{col 48}{space 3}0.200{col 56}{space 4}-.0040571{col 69}{space 3} .0194246
{txt}{space 3}electricity {c |}{col 16}{res}{space 2}-.0103348{col 28}{space 2} .0056346{col 39}{space 1}   -1.83{col 48}{space 3}0.067{col 56}{space 4}-.0213784{col 69}{space 3} .0007087
{txt}NaturalResou~s {c |}{col 16}{res}{space 2}   .00194{col 28}{space 2} .0092612{col 39}{space 1}    0.21{col 48}{space 3}0.834{col 56}{space 4}-.0162117{col 69}{space 3} .0200917
{txt}{space 1}tradeopenness {c |}{col 16}{res}{space 2} .0004036{col 28}{space 2} .0018296{col 39}{space 1}    0.22{col 48}{space 3}0.825{col 56}{space 4}-.0031822{col 69}{space 3} .0039895
{txt}ln_nonchines~p {c |}{col 16}{res}{space 2} .0669715{col 28}{space 2} .0942368{col 39}{space 1}    0.71{col 48}{space 3}0.477{col 56}{space 4}-.1177293{col 69}{space 3} .2516724
{txt}{space 8}lndist {c |}{col 16}{res}{space 2} .1688292{col 28}{space 2} .1478851{col 39}{space 1}    1.14{col 48}{space 3}0.254{col 56}{space 4}-.1210202{col 69}{space 3} .4586786
{txt}{space 1}bri_carryover {c |}{col 16}{res}{space 2} .0313998{col 28}{space 2} .1002231{col 39}{space 1}    0.31{col 48}{space 3}0.754{col 56}{space 4}-.1650339{col 69}{space 3} .2278335
{txt}{space 1}v2x_polyarchy {c |}{col 16}{res}{space 2} .5913868{col 28}{space 2} .4216204{col 39}{space 1}    1.40{col 48}{space 3}0.161{col 56}{space 4} -.234974{col 69}{space 3} 1.417748
{txt}{space 2}eventcountL1 {c |}{col 16}{res}{space 2} .0018831{col 28}{space 2} .0006268{col 39}{space 1}    3.00{col 48}{space 3}0.003{col 56}{space 4} .0006547{col 69}{space 3} .0031115
{txt}{space 14} {c |}
{space 10}year {c |}
{space 9}2005  {c |}{col 16}{res}{space 2}-.0659241{col 28}{space 2} .3761042{col 39}{space 1}   -0.18{col 48}{space 3}0.861{col 56}{space 4}-.8030747{col 69}{space 3} .6712265
{txt}{space 9}2006  {c |}{col 16}{res}{space 2}  .031447{col 28}{space 2} .3481444{col 39}{space 1}    0.09{col 48}{space 3}0.928{col 56}{space 4}-.6509034{col 69}{space 3} .7137974
{txt}{space 9}2007  {c |}{col 16}{res}{space 2} .3902669{col 28}{space 2}  .313769{col 39}{space 1}    1.24{col 48}{space 3}0.214{col 56}{space 4}-.2247091{col 69}{space 3} 1.005243
{txt}{space 9}2008  {c |}{col 16}{res}{space 2} 1.039722{col 28}{space 2} .2917012{col 39}{space 1}    3.56{col 48}{space 3}0.000{col 56}{space 4} .4679979{col 69}{space 3} 1.611446
{txt}{space 9}2009  {c |}{col 16}{res}{space 2} 1.252678{col 28}{space 2} .2755244{col 39}{space 1}    4.55{col 48}{space 3}0.000{col 56}{space 4} .7126597{col 69}{space 3} 1.792696
{txt}{space 9}2010  {c |}{col 16}{res}{space 2} .7245059{col 28}{space 2} .2817103{col 39}{space 1}    2.57{col 48}{space 3}0.010{col 56}{space 4} .1723639{col 69}{space 3} 1.276648
{txt}{space 9}2011  {c |}{col 16}{res}{space 2} .9564047{col 28}{space 2} .2795732{col 39}{space 1}    3.42{col 48}{space 3}0.001{col 56}{space 4} .4084513{col 69}{space 3} 1.504358
{txt}{space 9}2012  {c |}{col 16}{res}{space 2} 1.396106{col 28}{space 2}  .272339{col 39}{space 1}    5.13{col 48}{space 3}0.000{col 56}{space 4} .8623312{col 69}{space 3}  1.92988
{txt}{space 9}2013  {c |}{col 16}{res}{space 2} 1.063202{col 28}{space 2} .2777376{col 39}{space 1}    3.83{col 48}{space 3}0.000{col 56}{space 4} .5188463{col 69}{space 3} 1.607558
{txt}{space 9}2014  {c |}{col 16}{res}{space 2}  1.49562{col 28}{space 2} .2731184{col 39}{space 1}    5.48{col 48}{space 3}0.000{col 56}{space 4} .9603175{col 69}{space 3} 2.030922
{txt}{space 9}2015  {c |}{col 16}{res}{space 2} 1.391372{col 28}{space 2}   .27565{col 39}{space 1}    5.05{col 48}{space 3}0.000{col 56}{space 4} .8511083{col 69}{space 3} 1.931636
{txt}{space 9}2016  {c |}{col 16}{res}{space 2} 1.586346{col 28}{space 2} .2763035{col 39}{space 1}    5.74{col 48}{space 3}0.000{col 56}{space 4} 1.044801{col 69}{space 3} 2.127891
{txt}{space 9}2017  {c |}{col 16}{res}{space 2} 1.258139{col 28}{space 2} .2825506{col 39}{space 1}    4.45{col 48}{space 3}0.000{col 56}{space 4} .7043501{col 69}{space 3} 1.811928
{txt}{space 9}2018  {c |}{col 16}{res}{space 2} 1.055593{col 28}{space 2} .2806874{col 39}{space 1}    3.76{col 48}{space 3}0.000{col 56}{space 4} .5054557{col 69}{space 3}  1.60573
{txt}{space 9}2019  {c |}{col 16}{res}{space 2}  1.64756{col 28}{space 2} .2772566{col 39}{space 1}    5.94{col 48}{space 3}0.000{col 56}{space 4} 1.104147{col 69}{space 3} 2.190973
{txt}{space 14} {c |}
{space 9}_cons {c |}{col 16}{res}{space 2}-5.236825{col 28}{space 2} 2.052815{col 39}{space 1}   -2.55{col 48}{space 3}0.011{col 56}{space 4}-9.260269{col 69}{space 3}-1.213382
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
({res}est7{txt} stored)

{com}. 
{txt}end of do-file

{com}. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\yujeo\Desktop\WD_Replication_MoneyBackfires.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res}20 Nov 2023, 15:26:33
{txt}{.-}
{smcl}
{txt}{sf}{ul off}